Russia increases gas prices for Armenia

Russia increases gas prices for Armenia
# 14 December 2012 08:52 (UTC +04:00)

Baku. Anakhanim Hidayatova – APA. Russia intends to increase gas price for Armenia, but the Armenian side wants to prevent it, said Armenian Minister of Energy and Natural Resources Armen Movsisyan in his interview to “Azatutyun” radio, APA reports.

The minister also noted that the Armenian government intended to reach an agreement on gas price by the end of this year: “The negotiations are being conducted to prevent the price increase. According to information of Armenia's State Revenue Committee, Russia has increased gas price four times for Armenia over the last seven years.”

The Armenian government and “Gasprom” have been holding negotiations for several months.

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