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Armenia negotiates with Russia on gas price drop

15:31 / 19.10.2009 Armenia is negotiating with Russia for reduction of the natural gas tariff from the present $200 per 1,000 cu meters to $180 starting April 1 2010, Minister of Energy and Natural Resources of Armenia told media on Friday. He said the contract with Gazprom on the gas tariff for $200 per 1,000 cu meters was signed last year. "Armenia hopes for certain reduction of the tariff though Russia is not ready yet to exceed the frameworks of the agreements reached." The minister refuted the reports by Russian media that Russia will allegedly reduce the tariff in exchange of the exclusive construction of the new nuclear power plant in the country.
A. Movsisyan said no such negotiations have been made with Russia and the idea of monopoly construction of the NPP contradicts the policy of the Armenian Government. "We hope to use the best international experience but no country is able to build an up-to-date NPP independently. We know that good reactors are produced in Russia, good automatic equipment is in the West and good turbines are in Europe. Therefore, we are goring to use the best experience of all countries. An international consortium involving all the countries interested will probably be set up," the minister said.



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