Tsarizm
Central Asia

Armenia Negotiating Long-Term Gas Contract With Gazprom

Armenia Negotiating Long-Term Gas Contract With Gazprom

Russia – Armenia gas pipeline
Image by franek2

Russia continues to develop its gas exports as Armenia looks to sign long-term contract with Gazprom.

Armenia is negotiating mechanisms of fixed gas pricing for a ten-year period with Gazprom’s subsidiary Gazprom Armenia should the company announce an increase in the gas tariff, chairman of Armenia’s Public Services Regulatory Commission Garegin Baghramyan told reporters on Saturday, reported Russian state news agency TASS.

“Today’s talks are aimed at fixing gas pricing mechanisms for a ten-year period if Gazprom Armenia submits an application on gas tariff change. That will, of course, be connected both with investments and the results of those investments,” he said.

Related articles

Armenians Look To Renewed Alliance With Kurds In Turkey, Expanded Role In Georgia

Tsarizm Staff

Convention On Caspian Sea’s Legal Status To Be Signed On August 12, Kremlin Says

Tsarizm Staff

Georgia Ready To Commit To Joining NATO ‘Today,’ President Says

Tsarizm Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!