At today's session of the parliament, its speaker Hovik Abrahamyan suggested sending the report of the Audit Chamber of the Republic of Armenia for 2012 to the General Prosecutor's Office of Armenia. He said that it is unacceptable to keep silence after the Audit Chamber presented facts on violations.

Addressing the parliament today, Prime Minister Tigran Sargsyan commented on allegations that he is hiding his assets in the offshore. He dismissed rumors calling them absurd.

In Jan-May 2013 we registered 4 collisions of trains with motor vehicles and no deaths at railway crossings against 15 such incidents in Jan-May 2012 and a total of 27 incidents and 7 deaths throughout the last year, Deputy CEO of South Caucasus Railway Sergey Valko told journalists on Wednesday.

On threshold of the season of summer passenger transportation, 344 tickets of the Yerevan-Batumi-Yerevan 'Armenia' named train had already booked as of June 10 2013. As compared to the same period of 2012, there is visible growth - 200 tickets were sold as of June 10 2012.

Solar hot water (SHW) systems will be widely used in Armenia within the coming year due to rising tariffs of gas and electric power, says Hayk Shekyan, expert in renewable energy. He told media, Monday, that SHW will make it possible for the population and enterprises to save up to 2/3 of the funds they usual spend on gas and electric power.

The Sharjah-based United Arab Emirates national budget airline, Air Arabia, has announced the first direct flights UAE-Armenia.

A large Armenian producer of construction materials, Shen Holding, has organized a series of training courses for its service personnel. Samvel Beglaryan, President of Shen Holding told ArmInfo that the Company conducts a consistent policy to train and retrain its personnel.

Gas and electric power tariffs will rise 18.2% and 26.7%, respectively, in Armenia starting July 7 2013, the Public Services Regulatory Committee of Armenia adopted a relevant decision, Friday. Head of the PSRC Department for Tariff Policy Garegin Baghramyan says that the Committee adopted the decision on the basis of ArmRusgasprom Company's application for revision of the gas tariff and satisfied it partially.

At least three national air carriers will operate in Armenia to stiffen competition in the field of air transportation, Artyom Movsisyan, Head of the Chief Aviation Department of Armenia told media, Thursday.

Despite serious difficulties, the Armenian economy is gradually overcoming the crisis aftermaths, with the 7,2% economic growth in 2012 being the best evidence of that. President of Armenia Serzh Sargsyan made such statement at the meeting of the National Security Council of Armenia, Wednesday, the president's press-service told ArmInfo.

Iranian party says they have not halted gas export to Armenia, ISNA reports.

Yerevan-Batumi-Yerevan "Armenia" named train will run every day starting June 15up to September 30, the official website of the South Caucasus Railway CJSC says. The seasonal train will run everyday at 3:15.

Geoteam has always presented all its stakeholders with timely and relevant information. We would once again like to address some issues and concerns around the project to emphasise several points.

The Georgian air company "Georgian Airways" will start implementing flights at Yerevan-Tbilisi-Yerevan route from 1 June till 26 October.

By preliminary data, 1 cu m of gas will cost the population of Armenia 156 AMD versus current 132 AMD, Head of the Tariff Department at the Public Services Regulatory Committee Garegin Baghramyan told media on May 23. He said that the Committee held discussions and calculated this tariff taken into account the state subsidies and other factors.

By the end of 2013, Armenia will adopt a service life extension program for Metsamor nuclear power plant, Deputy Minister of Energy and Natural Resources of Armenia Areg Galstyan said at the 5th technical seminar of chief engineers at Inter RAO UES OJSC.

Gazprom (Russia) has agreed to supply Armenia with natural gas for 180 USD per 1 thsd cu m before the talks on the gas prices are over, Armenian Minister of Energy and Natural Resources Armen Movsisyan said in Parliament on Wednesday.

The rumors about the 40 mln USD "air tax" debt of Armenia's national air carrier Armavia have nothing to do with the reality, Armenian Finance Minister David Sargsyan said in Parliament on Wednesday.

U.S. Geological Survey representatives have completed study of Armenia's shale gas resources, U.S. Ambassador to Armenia John Heffern said in response to ArmInfo's question, Wednesday.

Russian gas is more favorable for Armenia than the Iranian one from a commercial point of view, Ministry of Energy and Natural Resources of Armenia Armen Movsisyan told media, Wednesday, when commenting on the question about the Iranian gas as an alternative to the Russian one.

The USA is not involved in the negotiations between Armenia and Russia for the gas tariff. However, given the wide public response to the issue, the United States comes out for transparency of the upcoming deal, U.S. Ambassador to Armenia John Heffern told media on May 22.

At a guess, upcoming rise in the gas price in Armenia will lead to a 30% rise in the electric power tariff in average, Minister of Energy and Natural Resources of Armenia Armen Movsisyan said in an interview with the local Shant TV overnight.

Gas price for the population of Armenia may rise by some 20% and for commercial consumers by 15%. These are preliminary data, said Robert Nazaryan, Head of the Public Services Regulatory Committee of Armenia, in an interview with Haylur program on the Armenian Public Television.

In the conditions when 250 thsd people left Armenia for the last 5 years, and allegedly 6% growth of economy was ensured, one cannot say about success of the previous programme of the government, the former premier of Armenia, leader of the Freedom party, Hrant Bagratyan, said in the parliament today when commenting on the Armenian government's programme for 2013-2017.

The Government's statement that the gas supplied to Armenia is the cheapest in the region is absurd, Artsvik Minasyan, MP from ARF Dashnaktsutyun, said at a press conference on Tuesday.

As anticipated, the authorities in power made an unpleasant surprise for us, ordinary citizens, immediately after elections. This time, they surprised us with news on upcoming gas price hike for Armenia. Given the heavy social and economic situation in the country that has been deteriorating over the last years, the upcoming gas price hike will affect all the sectors of public life, starting from economy up to environment.

Government of Armenia will soften consequences of possible rise of the gas price for the population and envisages rise of salaries and pensions, Head of the Republican Party of Armenia Faction in the Parliament, Vice Chairman of RPA, Galust Sahakyan told ArmInfo. He recommends not turning the problem into a subject for political speculations, as the authorities are not guilty that Russia has revised the tariff.

Fire at Spayka Company building has damaged 10,000 tons of goods and refrigeration block occupying a 15,000 sq m area, Karen Baghdasaryan, Director of the company, told ArmInfo.

Public Services Regulatory Committee (PSRC) of Armenia has initiated revision of the electric power tariffs, PSRC press-service told ArmInfo. The process was launched following forecasts of a growth of the gas tariffs for heating power plants, the AMD/USD exchange rate, the balance of electric power generation, and influence of some other factors in 2013-2014. The tariffs of electric power generation and services of energy companies of Armenia, as well as the electric power for final consumers will be revised.

The European Bank for Reconstruction and Development forecasts slowdown of Armenia's economic growth rates from 5% in 2013 to 4% in 2014, Head of the EBRD Yerevan Office Valeriu Razlog has told ArmInfo.