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Friday, June 12, 2026
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Armenia assessed the impact of a possible gas price increase on electricity

11.06.2026, 16:22
A possible increase in the price of natural gas could impact the cost of electricity production in Armenia, stated Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission (PSRC).
Armenia assessed the impact of a possible gas price increase on electricity
YEREVAN, June 11. /ARKA/. A possible increase in the price of natural gas could impact the cost of electricity production in Armenia, stated Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission (PSRC).

Responding to journalists' questions about a possible gas price increase, he noted that he could not comment on the issue from a political perspective.

"I do not have the right or authority to make political comments or assessments within the scope of my position," Mesropyan said at a briefing on Thursday.

He added that when considering the issue from an energy perspective, it should be taken into account that a significant portion of electricity in Armenia is generated using gas.

"According to various estimates, depending on the structure of the year, up to 30-35% of the country's electricity is generated by gas-fired power plants. "In this regard, a potential increase in gas prices could impact the cost of electricity production," the PSRC head noted.

He also noted that renewable energy development in Armenia is gradually accelerating, which could potentially help reduce dependence on gas-fired generation.

Mesropyan emphasized that there are currently no specific decisions or officially confirmed data regarding a possible gas price increase.

Mesropyan also noted that even if the purchase price of Russian gas increases, current gas tariffs for consumers in Armenia will remain in effect until early 2027.

According to him, the current tariff is based on existing regulatory mechanisms and does not automatically adjust when the purchase price of gas changes.

Speaking about possible alternatives for gas supplies, Mesropyan named a number of countries.

"Alternatives exist in neighboring regions—Azerbaijan, Turkmenistan, and Iran. Of all the countries that sell gas and whose infrastructure allows us to purchase gas, we will, of course, buy it," he stated.