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Armenia to cut gas price from January 1, 2017

The Public Services Regulatory Commission ruled today to cut the gas prices.

The price will be set at 100,000 AMD annually per 1 thousand cubic meters of gas for socially vulnerable families, which use up to 600 cubic meters of gas, and 139,000 AMD for those consuming over 600 cubic meters of gas.

Consumers using up to 10 thousand cubic meters of gas monthly will pay 139,000 AMD (down from 146,700 AMD) per 1 thousand cubic meters of gas, while those consuming over 10 thousand cubic meters of gas will pay $242.1 per 1 thousand cubic meters.

Different tariffs have been set for greenhouse economies and manufacturers of agricultural products.

The new tariffs will come into effect from January 1, 2017.

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