gas prices

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Armenian government approves Russian gas price

Armenia will purchase natural gas from Russia at a price of $150 per 1000 cubic meters until the end of the coming year. Draft of the respective changes to the Armenia-Russia interstate agreement was approved at Thursday’s Cabinet …

Minsk sends gas proposals to Moscow

Minsk had sent Moscow new proposals on how to solve a dispute over gas prices, the Belarussian Energy Minister Vladimir Potupchik said. Potupchik said that he expected officials from the two countries to hold talks …

Qatar: gas demand to grow in 2017

Demand for natural gas will grow in 2017 but at a slower rate than in recent years, Qatar’s energy minister Mohammed Saleh al-Sada said at the Gas Exporting Countries Forum (GECF). “The big news, of …

Sargsyan asks Miller to reduce gas prices

Today, Armenian President Serzh Sargsyan and the Chairman of Gazprom JSC Management Committee, Alexey Miller, again discussed the possibility of reducing the gas price supplied to Armenia. They …

Will gas prices stop depending on oil prices?

Deliveries of liquefied natural gas (LNG) from the US to Europe will be able to weaken the dependence of gas prices on oil, a press release of the international ratings agency Fitch says. According to analysts, the emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices.