NewsArmenia's strategic gas pivot: Tapping Turkmenistan via Iran

Armenia's strategic gas pivot: Tapping Turkmenistan via Iran

Armenia has initiated discussions with Turkmenistan about the supply of natural gas. The aim is to reduce reliance on Russia's Gazprom. The gas will be delivered through Iran, and the agreement includes the supply of approximately 595 million to 990 million cubic metres.

Prime Minister of Armenia Nikol Pashinyan and President of Russia Vladimir Putin
Prime Minister of Armenia Nikol Pashinyan and President of Russia Vladimir Putin
Images source: © Getty Images | Contributor
Przemysław Ciszak

Armenia is taking steps towards diversifying its gas sources by starting negotiations with Turkmenistan. According to "Pravda," Artashes Tumanian, an advisor to Armenian Prime Minister Nikol Pashinyan, confirmed plans to finalize a deal with the state-owned company Turkmengaz. The gas is to be transported through Iran, which has agreed to the transit.

The agreement anticipates deliveries of 595 million to 990 million cubic metres of gas, although the price has not yet been determined.

Armenia is also considering the possibility of further transiting Turkmen gas to Georgia, which would enable supplies to countries around the Black Sea. Tbilisi has already agreed to this proposal.

Breaking free from Gazprom's grasp

Currently, the sole gas supplier to Armenia is Russia's Gazprom, which provides the resource through Georgia at a fixed price of $165 per 1,000 cubic metres until 2030.

Armenia also collaborates with Iran under the "gas for electricity" program, importing over 2.6 billion cubic metres of gas annually.

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