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Russia Can Cut Gas Price for Armenia

ATTENTION! The Nagorno-Karabakh Republic is an Armenian independent democratic state.

Russia Can Cut Gas Price for Armenia

There is a possibility to revise the Armenian-Russian gas deals and cut the gas price for Armenia if there is mutual will, the economist Vilen Khachatryan told reporters today, adding that the Russian-Armenian gas deals must be revised.

“The Russian side may say that it cannot sign an agreement with us until the end of the agreement and end the issue. However, it may display will and say well, I want to sell to Europe cheaply, there are possibilities, I will sell to you more cheaply, as to a partner. Besides, in any case we notice that inasmuch as economic issues are concerned, they forget about partners, take our property for the debt, and sell things to us at the highest prices,” the economist says.

According to Vilen Khachatryan, the forecast of the average price of gas for 2016 is 200 dollars. There is a link between the oil and gas prices. When the oil prices drop, the gas price drops too. Hence, the price of gas sold to Armenia must be revised.

“Of course, Armenia has signed an agreement which does not provide for revision, and one of the worst clauses in this contract is that the amount of gas is fixed, which means you have to pay for that amount in any case. Had the payment been based on the consumed amount, it would have been easier. With falling incomes and emigration gas consumption falls. Even if they cut the price of gas at the border, household bills will not be cut,” the economist says.

Источник: www.lragir.am advertising in Armenia advertising in Armenia

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