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PSRC to set new gas prices today

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February 26, Armenian Public Services Regulatory Commission (PSRC) is scheduled to convene a meeting to consider ArmRosGazprom's bid for advance in gas prices. A month ago the Company appealed to the Commission with an offer to set gas rate at 136 AMD instead of 96 AMD for 1 cubic meter of gas.

For large consumers gas will rise by 13 percent. The new prices will be put into effect on April 1, 2010.