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Russia will subsidize gas price, says Armenian Energy Minister
The 2014 draft budget does not envisage the subsidization of the price of natural gas supplied to Armenia, Armenian Energy Minister Armen Movsisyan said during the discussion of the 2014 draft budget at the National Assembly.
“The Russian government will subsidize the gas price,” he added.
According to the Minister, currently, gas price negotiations between Armenia and Russia proceed in the context of Armenia’s entry into the Customs Union.
“An agreement will be signed by the end of the year,” the Minister said.
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