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Gas losses: Is there theft or is it due to system malfunction? (video)

Economy
melqumyan

The Ministries of Economy, Energy and Natural Resources, together with the Public Services Regulatory Commission (PSRC) have sent a comparative reference to the ad hoc committee studying the operation of the gas supply system in Armenia with an answer to the submitted 19 proposals. Those 19 observations were compiled as a result of one-month activities. Only Gazprom Armenia CJSC avoided answering, saying they did not participate discussions and could not express an opinion on the proposals. Talking to A1+ Company, economist Mikael Melkumyan said he was not pleased with the reply. “We had numerous questions but compiled in this reference only the key ones,” he said. First of all, I would like to talk about the problem of natural losses because the doses mentioned here do not instill confidence. Our studies have showed that gas prices are determined by a special methodology. And, all of a sudden, we find out that the natural losses were not calculated by that method and reached unexpected large volumes. We want to know whether gas is stolen or is it a technical problem,” he said. Mr Melkumyan says they plan to meet representatives of relevant agencies in September to discuss the issue.