Wednesday, September 15 2021 18:37
Naira Badalian

Deputy Prime Minister on a possible increase in gas prices: Gazprom  insists that the amount of profit stipulated in the 2013 agreement  does not satisfy them

Deputy Prime Minister on a possible increase in gas prices: Gazprom  insists that the amount of profit stipulated in the 2013 agreement  does not satisfy them

ArmInfo.Negotiations with Gazprom on the gas price are permanent, we are trying to consider at least maintaining the tariff, Deputy Prime Minister Mher Grigoryan  said during the government hour in parliament on September 15,  referring to the record rise in gas prices in Europe.  

To note, according to RBC, the exchange price of gas in Europe has again  renewed its historical maximum and exceeded $ 840, and then $ 850,  follows from the trading data of the ICE exchange. The rise in prices  has continued since the beginning of the year, during this time the  cost of gas has increased by about four times. In early September,  Fitch explained that the main driver of growth is low gas reserves in  storage due to the cold last winter and subsequent hot summer.

Gazprom insists that within the framework of the 2013 agreement, the  amount of profit stipulated by the agreement does not satisfy them.  But this is a working process, and I will refrain from providing  additional information, since the negotiation process continues and I  hope nothing unexpected will happen with regard to the gas price,  "Mher Grigoryan said.

Recall that the head of Gazprom Alexey Miller and Acting Deputy Prime  Minister of Armenia Mher Grigoryan signed a supplementary agreement  to the contract for the supply of gas to CJSC Gazprom Armenia on  December 31, 2018. Gas price for Armenia on the border with Georgia  from the beginning 2019 was determined at $ 165 per thousand cubic  meters. From January 1, 2019, when the tariff for Russian gas at the  border amounted to $ 165 per thousand cubic meters, the period of the  5-year agreement between Yerevan and Moscow, which was based on the  price of $ 150, ended. Therefore, during the Armenian-Russian  intergovernmental commission, it was decided to develop a new  agreement, thanks to which the parties will understand how the tariff  policy will be formed in the long term, where the average gas price  for the end consumer will be displayed. 

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