MOSCOW, April 6 (RIA Novosti) - Energy giant Gazprom said Thursday it would supply natural gas to Armenia at $110 per 1,000 cu m until 2009 under an agreement signed with the country's authorities.
The agreement defines strategic cooperation principles for projects in the gas and energy sector in Armenia.
In January, Russia doubled the price for natural gas supplies to Armenia from $54 per 1,000 cubic meters to $110.
The move has stirred heated debate in Armenia, whose struggling economy is heavily dependent on Russian gas, and prompted some political groups to demand a review of relations with Moscow.
Armenia does not produce natural gas, which it uses to generate electricity, and Russia is its only supplier.
