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                                        Volume. 11725

ArmRosgazprom considering opportunity to import Iranian gas in Armenia
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YEREVAN (ARKA) -- ArmRosgasprom company is ready to consider opportunities for purchasing Iranian gas to provide Armenia with an alternative importer of natural gas, Vardan Harutyunyan, CEO and head of the ArmRosgazprom company’s board, told journalists.
 
If Iranian gas is cheaper than Russian, then the company may do it, he said. 
 
At the same time Harutyunyan said that the price for Iranian gas is unlikely to be lower than that for Russian gas. 
 
Earlier, Armenian Prime Minister Tigran Sargsyan, asked why Armenia doesn’t buy natural gas from Iran after Russia raised its price, said Iranian gas is more expensive than Russian. 
 
In 2004, Armenian government initiated construction of Iran-Armenia gas pipeline. 
 
The pipeline started operating in 2007. Armenia uses Iranian gas for generating electric power, which is sent to Iran – 3kilowatt/hour for 1 cubic meter of natural gas. 
 
Under the agreement, Iran will send 36 billion cubic meters of natural gas to Armenia for 20 years.
 
The terms of the agreement can be prolonged for five years and gas import can be enlarged to 47 billion cubic meters. 
 
The Public Services Regulatory Commission’s decision to increase consumer prices for natural gas took force.
 
It mean consumers using up to 10,000 cubic meters of natural gas per month will be paying 156 thousand drams, including VAT, for one thousand cubic meters, up from former 132,000 drams. 
 
ArmRosgazprom CJSC, established in 1997, enjoys the sole right for importing and distributing Russian natural gas in Armenia. Russia conveys its gas to Armenia through Georgia. The company’s shareholders are Russia’s Gazprom and the Armenian government. ($1 – AMD 414.92).

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