• Natural Gas News

    ArmeniaNow.com: New Vistas - Possible Strengthening of Russia-Iran Ties Likely to Bring Armenia into the Equation

    old

Summary

ArmeniaNow.com speaks to experts who say that Armenia could play a part in strengthening the energy ties between Russia and Iran

by: Erica Mills

Posted in:

Press Notes

ArmeniaNow.com: New Vistas - Possible Strengthening of Russia-Iran Ties Likely to Bring Armenia into the Equation

The strengthening of Russian-Iranian ties suggests new geopolitical changes in the region. Experts believe that the new energy cooperation between Russia and Iran would bring the prospect of new foreign-policy relations in the South Caucasus, including in regards with Armenia, which is the only member country of the Eurasian Economic Union (EEU) that borders on Iran. 

Russian energy giant Gazprom is negotiating with Tehran on potential investment in Iran’s natural gas sector. The transaction will take place if the sanctions against Iran are lifted. The possible agreement will be conducted by a swap scheme. Russia will supply northern Iran with natural gas by the pipelines stretching either through Armenia or Azerbaijan, instead of getting a share of a plant which exports liquefied natural gas from the Persian Gulf.

Read the full article HERE.