Government of Armenia approves ratification of protocol to agreement on Russian gas price formation
At the regular session today the Armenian government approved the proposal for ratification of the protocol to the Armenian-Russian intergovernmental agreement of December 2, 2013, on the formation of the price of Russian natural gas delivered to Armenia.
Under the agreement, the price of natural gas delivered to Armenia has been set at $165 per 1,000 cubic meters from January 1, 2015 to December 31, 2015.
A statement by the government press office says that the signing of the protocol will help develop economic relations between the two countries and create favorable conditions for economic ties and business activity.