Oskanian Discusses Repercussions of Higher Russian Gas Price

YEREVAN (Armenpress)–Armenian foreign minister Vartan Oskanian downplayed possible repercussions of Russia’s decision to double the price of its natural gas to Armenia from the current $56 per one thousand cubic meters to $110–expected to become effective in April. He said on Monday the move was not going to cause "serious deviations" in Russian-Armenian partnership–because "it is based on common security and defense interests–which will not change."

"We should not rush to conclusions about the higher gas price–because negotiations to that end are continuing and only after reaching a final agreement can we speak about what we have to revise in our energy policy to avoid future shocks," he said.

In a late December appearance on Armenian Public TV–Oskanian had said that Russia’s decision to raise gas prices was "politically motivated and could damage close ties between the two nations."

He said that Russia’s statemen’s claiming that they had raised prices solely for economic reasons were "not true," and that the decision was politically motivated.

At the time Oskanian said the price hike had already resulted in "negative political consequences for both Armenia and Russia in Armenia and the region."

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