During April 1 talks with Armenia’s Prime Minister Nikol Pashinyan, Russian President Vladimir Putin merely pointed out the obvious: while the price of natural gas in Europe is over $600 per 1,000 cubic meters, Russia sells gas to Armenia for only $177.5 per 1,000 cubic meters.
This, Kosachev notes, is the reality, which allows Armenia to develop its economy and social sphere while enjoying a considerable competitive edge.
All this, he adds, takes place as Europe and the rest of the world are ravaged by a severe energy crisis that was sparked not by Russia but by other states.
“The current price of Russian natural gas is both a powerful incentive for the development of many sectors of Armenia’s economy and a serious factor in the social and political stability of the country,” Kosachev remarks.
Therefore, he says, it would be fair for Armenian politicians to consider the scale of Russia’s support for Armenia instead of speculating on hypothetical changes in pricing.