Armenia

Armenia’s Natural Gas Prices to Remain Unchanged Until March Unless Extraordinary Developments Occur

YEREVAN — Armenia’s natural gas tariffs for consumers will remain unchanged at least until March 2027, barring force majeure circumstances or extraordinary political developments, according to Mesrop Mesropyan, chairman of the Public Services Regulatory Commission (PSRC).

Speaking to reporters on November 6, Mesropyan said that even if the price of Russian natural gas supplied to Armenia increases at the border, consumers will not face higher tariffs during the winter months.

Under existing regulations, natural gas tariffs are reviewed twice a year, either at the initiative of the commission or the regulated company.

“There will be no increase in gas prices at least until March. Even if our partners at Gazprom submit a proposal today to raise gas prices, it would be considered during the next six-month review period, by which time winter will be over,” Mesropyan explained.

Asked whether a potential increase in gas prices would affect households this winter, Mesropyan confirmed that consumers would not be affected, except in the extraordinary event that Russia suspends natural gas supplies to Armenia.

He emphasized that the commission has not received any official application requesting a tariff increase.

Mesropyan also noted that the PSRC has the authority to reject any proposed increase if the application lacks sufficient justification.

MassisPost

Share
Published by
MassisPost

Recent Posts

Armenia Does Not Owe Russia Its Sovereignty

By BERGE JOLOLIAN A protector should not threaten the country it claims to protect. Yet…

59 minutes ago

Addressing the Third Global Armenian Summit, Pashinyan Says Reliance on Foreign Security Guarantors Has Repeatedly Ended in Disaster

YEREVAN -- Prime Minister Nikol Pashinyan has warned against relying on foreign powers to guarantee…

1 hour ago

Armenian Products Enter New Markets Amid Russian Trade Restrictions, Economy Minister Says

YEREVAN -- Armenia has expanded its export markets in response to trade restrictions imposed by…

2 hours ago

Vladimir Vardanyan Elected President of Armenia’s Constitutional Court

YEREVAN -- Vladimir Vardanyan, a former lawmaker from Armenia’s ruling Civil Contract party and a…

2 hours ago

Pashinyan: Armenia Not Planning to Leave Eurasian Economic Union, Says Ties With CSTO Have Run Their Course

YEREVAN — Prime Minister Nikol Pashinyan said on November 5 that Armenia has no plans…

21 hours ago

EU Commissioner Marta Kos Says New Biometric Passports Will Make Travel Easier for Armenians

YEREVAN — European Commissioner for Enlargement Marta Kos has welcomed Armenia's introduction of new biometric…

21 hours ago