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    Azer News: Prospects of Iran-Armenia gas cooperation depend on Russia: expert

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Summary

Armenia is planning to expand gas cooperation with Iran, which is the second largest natural-gas reserve after Russia.

by: Sruthi

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Press Notes

Azer News: Prospects of Iran-Armenia gas cooperation depend on Russia: expert

Armenia is planning to expand gas cooperation with Iran, which is the second largest natural-gas reserve after Russia. In addition, Tehran expressed its readiness to supply natural gas to Europe via some pipelines, including the one passing through Armenia, Georgia, and under the Black Sea.

Close gas cooperation between Armenia and Iran seems unlikely because of the fact that Armenia's gas supply system belongs fully to Russia's Gazprom. The Armenian government signed the agreement on the sale of the last 20 percent stake in ArmRosgazprom to the Gazprom in January, 2014.

Professor of economics at US Northeastern University Kamran Dadkhah said that there are many obstacles to the close gas cooperation between Armenia and Iran.
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