Russia lowers gas price for Armenia, urges tranquility in Karabakh

Armenia will receive Russian natural gas at a lower price, it emerged on Thursday during Russia’s Prime Minister Dmitry Medvedev’s visit to Yerevan.

After meeting with his visiting counterpart, Armenian Prime Minster Hovik Abrahamyan told media that the two sides have agreed that the gas price at the border will go down from current $165 per 1,000 cubic meters to $150.

Abrahamyan added that discussions will be held by corresponding bodies on the possible lowering of the gas tariff for consumers in Armenia as well.

Medvedev’s visit to Armenia came amid continuing tensions in the Nagorno-Karabakh conflict zone where relative calm was restored on Tuesday following four days of deadly clashes.

An Armenian-Azerbaijani agreement to halt hostilities was reached in Moscow, apparently with Russia’s mediation.

Russian Foreign Minister Sergey Lavrov stated during his visit to Baku today that practically all elements of a Nagorno-Karabakh settlement were “on the table”.

Lavrov did not elaborate, saying that discussions will continue with Armenian Foreign Minister Edward Nalbandian on April 8.

Speaking in Yerevan today, Russian Premier Medvedev reiterated Russia’s concerns about the situation in the conflict zone, urging the conflicting sides to abide by the ceasefire and resume the political process.

Medvedev is due to visit Baku on April 8.