Russia will not be able to supply gas to Armenia at same prices if country joins EU

Russia will not be able to supply gas to Armenia at same prices if country joins EU

Russia's Energy Minister Tsivilyov formally notified Armenia that Moscow will suspend or unilaterally terminate the 2013 gas and oil supply agreement if the country proceeds with EU accession. For energy procurement teams operating in the region, this signals an imminent repricing of Russian energy inputs to European market rates, directly affecting budget planning for any operation with exposure to the South Caucasus supply chain.