Armenia Diversifies Natural Gas Supplies Amid Russian Price Concerns
Armenia is exploring alternative natural gas supply options in case Russia raises its prices. Sargis Khandanyan, a member of the ruling Civil Contract faction, stated this at a briefing on Tuesday.
Khandanyan highlighted the possibility of utilizing a future gas pipeline linked to the Armenian-American TRIPP initiative and importing gas from Azerbaijan if needed.
He emphasized the importance of diversifying supply sources in this sector, citing that Armenia currently receives its natural gas from Gazprom-Armenia at $165 per 1,000 cubic meters, which is sold to consumers by Gazprom-Armenia at about $400.
Khandanyan mentioned that Russia has not yet announced any price changes, but the government is preparing for such a scenario and will engage in constructive discussions with Russian partners if necessary.