Russia's Gazprom lifts price of natural gas supply to Armenia in 2019

MOSCOW: Russian gas giant Gazprom will supply Armenia with gas for $165 per 1,000 cubic metres in 2019, the company said on Monday, up from $150 this year.

The deal was stuck at a meeting between Gazprom chief executive Alexei Miller and Armenian Deputy Prime Minister Mher Grigoryan in Moscow, the company said in a statement.

Gazprom’s gas price for Armenia is still lower than the average price it charges its European clients in long-term contracts, which stands at $250 per 1,000 cubic metres.

Mozaffar EtezadiFar

Founder at Energykade
Mozaffar owns degrees in electrical engineering as BSc and power management as MSc. He has worked in fields of energy and e-commerce. He believes that energy and IT can help each other to save more energy and our planet. So here is energykade...
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