What Alternatives Can Be Offered to Exclusive Terms? - 'Fact'

The newspaper 'Fact' reports: Approximately a year ago, Nikol Pashinyan did not rule out that Armenia could import gas from Azerbaijan. It should be noted that currently, Armenia receives gas from Russia and the Islamic Republic of Iran, which fully meets our gas consumption needs.

Following Pashinyan's statement, numerous experts pointed out that, firstly, Azerbaijan is currently unable to fulfill even its existing orders, let alone accept new ones. Furthermore, as economist Suren Parsyan noted, Azerbaijani gas is sold at 2-3 times higher prices in the European market compared to the prices at which we acquire it from Russia.

It is no secret that Armenia receives Russian gas at exceptionally low prices that are not available in the global energy market. The Republic of Armenia ranks second in terms of the affordability of Russian gas supplies, following Belarus. In fact, according to expert assessments, Armenia is unable to find alternative sources of gas supply that can offer lower prices than Russian gas.

The current price of Russian gas at the Armenian border is $165 per thousand cubic meters; such a price simply does not exist in the global market today. To put this into perspective, the price in the European gas market in November 2025 is around $400 per thousand cubic meters. This means it is 2.4 times higher than the price at which Armenia buys gas from Russia.

Industry experts emphasize that alternative suppliers objectively cannot offer Armenia more advantageous terms in terms of pricing. In their view, if Armenia were to abandon Russian gas, it would become dependent on Azerbaijani gas, which could be cut off at any moment, thus creating a security issue as well.

In other words, Armenia's geographical position makes Russian gas the optimal and most advantageous solution for the country's energy security. To reiterate, the current price for Armenia is significantly lower compared to international markets, which is why it is often mentioned that Armenia benefits from 'exclusive' terms.