Armenia may begin purchasing gas from Azerbaijan, Turkmenistan, and Iran if Russian gas prices rise, Mesrop Mesropyan, chairman of the Public Services Regulatory Commission of Armenia, said at a briefing, EDnews reports via Armenian media.
"There are alternatives (to Russian gas – ed.) in the region – Azerbaijan, Turkmenistan, or Iran. We will naturally buy from all possible countries that sell gas and whose infrastructure allows us to buy gas from these countries," he said.
According to Mesropyan, even if the price of Russian gas for Armenia increases, current gas tariffs will remain in effect until early 2027.
He noted that approximately 30-35% of the country's electricity is generated by thermal power plants, so any significant increase in gas prices will negatively impact electricity tariffs.
Armenian Prime Minister Nikol Pashinyan, for his part, considers a price increase for Russian gas unlikely.
According to him, speaking at a briefing on Thursday, Yerevan and Moscow have a long-term contract, and any refusal by either party to fulfill its terms would constitute "non-contractual behavior."
He also emphasized that the Armenian authorities are considering all possible scenarios in the event of a price increase for Russian gas.
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