Armenia, Russia negotiating the gas price

Hasmik Dilanyan

The 14th sitting of the Armenian-Russian Intergovernmental Commission kicked off inYerevantoday. The meeting is co-chaired by Armenian Prime Minister Tigran Sargsyan and Russian Transport Minister Maxim Sokolov.

Underlining the progress registered in the Armenian-Russian relations, Tigran Sargsyan informed that that the commodity turnover between Armenia and Russia totals has totaled 880 mln in the first eight months of 2012, which means a 23% growth as compared to the same period last year. The volume of Russian imports in Armenia grew 17% in the due period to reach 640 mln.

Maxim Sokolov hailed the activity of the Armenian-Russian Intergovernmental Commission. “Within the framework of the Commission we manage to reach mutual understanding on all issues without exception, which greatly contributes to the further development of cooperation in the economic, cultural and other spheres. I think that this stems from the centuries-old Armenian Russian friendship based on mutually beneficial economic interests,” Maxim Sokolov said.

At the end of the meeting Tigran Sargsyan and Maxim Sokolov signed the long-term economic cooperation program until 2020 and the protocol of the 14th sitting of the Armenian-Russian Intergovernmental Commission.

The participants of the sitting discussed issues related to the change of the gas price, Russian Transport Minister told reporters. “Representatives of Gazprom Company are also here. They are discussing the issue with the Minister of Energy and Natural Resources,” he added.

Armenian Minister of Energy and Natural Resources Armen Movsisyan also said the talks continue. “We’ll make a statement after the negotiations are over. No time frames have been set,” the minister said, adding, however, “that there will be a privileged price, and gas will cost cheaper for Armenia as compared to other countries.”

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