Over the weekend, Armenia’s President Robert Kocharian signed over control of his country’s gas and electric supply to Gazprom. The deal also places the Iran-Armenia gas pipeline under de facto Russian control.
From the Russian perspective, Armenia’s energy demand represents only a pittance. Yet, the deal is important because it may close the door on competing pipelines from Iran to more lucrative markets in the EU.
Nov 3, 2006
Gazprom grabs Armenia
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