“Armenia's Energy Sector Issues: Parallels with Georgia”
December 8, 13:00

One of the most pressing issues in the Armenian energy system is the non-transparent and illogical formation of the gas price for the consumer. Officially, Russia sells gas to Armenia at $ 150 per 1,000 cubic meters but the final consumer pays almost twice more - $ 290.  

Ara Marjanyan, UN National Expert on Energy Issues, said this during the discussion entitled “Armenia's Energy Sector Issues: Parallels with Georgia” held at Media Center jointly with JAMnews.

Officially, the Russian gas giant, Gazprom, sells gas to Armenia at a “very low price” - $ 150 per 1,000 cubic meters. Recently, Russian Prime Minister Medvedev announced in Yerevan that the “special price” for Armenia will be maintained in 2018. The reality, however, is different. Although the contract has been signed with the Armenian government, Gazprom sells “blue fuel” at that price to its daughter company Gazprom Armenia on Armenia's border. This company adds a 100% margin to the tariff and gas becomes available for the Armenian citizens twice more expensive.

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