Yerevan does not rule out a possibility to construct Armenia-Azerbaijan gas pipeline
December 14, 2005
Regnum News Agency
“A sharp increase in the prices for gas exported to Armenia by Russia is a political pressure upon Armenia,” economist Eduard Agadjanov said on December 13. According to him, the motivation by the Russian party that the increase in prices was stipulated by world market developments “does not reflect the reality.”
“Gazprom pays for the Turkmen gas $44 for 1,000 cubic meters and sells to Armenia for $56 and, as the company’s spokespersons explain, bears losses. Insufficient and stage-by-stage raise of gas prices for Armenia would provide profit to the Russian party, but a sharp increase in prices is just trickery,” said the economist. [...]
Meanwhile, as Armenian Trade and Economic Development Deputy Minister Gagik Vardanyan, it is too early to discuss the subject of raising prices for the Russian gas imported to Armenia. “A long-lasting increase of oil prices has been registered in the world market, which brings about raise in gas prices. Armenia will have to put up with the idea that sooner or later gas prices will increase. The Armenian government will not allow a sharp rise in the prices and negative consequences for the consumers. Appropriate measures will be undertaken,” assured the deputy minister.
According to him, national entrepreneurs should understand that power-consuming industries is becoming unprofitable and needs modernization. “The Armenian economy should rest upon hi-tech; this should be the priority,” [...]. “The fulfillment of the Iran-Armenia gas pipeline construction project is a diplomatic victory of the government. Thanks to the pipeline Armenia will obtain an alternative route of importing gas,” he said. At the same time, he did not rule out a “possibility of construction of a pipeline with Azerbaijan.”
Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.
Regnum News Agency
“A sharp increase in the prices for gas exported to Armenia by Russia is a political pressure upon Armenia,” economist Eduard Agadjanov said on December 13. According to him, the motivation by the Russian party that the increase in prices was stipulated by world market developments “does not reflect the reality.”
“Gazprom pays for the Turkmen gas $44 for 1,000 cubic meters and sells to Armenia for $56 and, as the company’s spokespersons explain, bears losses. Insufficient and stage-by-stage raise of gas prices for Armenia would provide profit to the Russian party, but a sharp increase in prices is just trickery,” said the economist. [...]
Meanwhile, as Armenian Trade and Economic Development Deputy Minister Gagik Vardanyan, it is too early to discuss the subject of raising prices for the Russian gas imported to Armenia. “A long-lasting increase of oil prices has been registered in the world market, which brings about raise in gas prices. Armenia will have to put up with the idea that sooner or later gas prices will increase. The Armenian government will not allow a sharp rise in the prices and negative consequences for the consumers. Appropriate measures will be undertaken,” assured the deputy minister.
According to him, national entrepreneurs should understand that power-consuming industries is becoming unprofitable and needs modernization. “The Armenian economy should rest upon hi-tech; this should be the priority,” [...]. “The fulfillment of the Iran-Armenia gas pipeline construction project is a diplomatic victory of the government. Thanks to the pipeline Armenia will obtain an alternative route of importing gas,” he said. At the same time, he did not rule out a “possibility of construction of a pipeline with Azerbaijan.”
Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.
posted by Vahe Balabanian at 10:34 AM
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