The price of gas in Armenia will be the same as in Russia

Lusine Vasilyan
Public Radio of Armenia

Armenia’s decision to join the Caroms Union has led to changes in the provisions of the interstate agreement on subsidization of the gas price, Armenian Minister of Energy and Natural Resources Armen Movsisyan declared at the National Assembly today.

In particular, it is expected that Russia will refuse from the export duties, which make about 30% of the gas price. This means that the price of gas for Armenia will be the same as in Russia plus the transportation costs. Therefore, the price will make $189 at the border instead of the current $270.

According to Movsisyan, the price for customers will remain the same.

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