Armenia cannot expect to secure comparable natural gas prices if it exits the Eurasian Economic Union (EAEU), Russian Economic Development Minister Maxim Reshetnikov said on Thursday.
The minister’s remarks underscore the economic leverage Moscow wields over Yerevan as Armenia navigates increasingly complex ties with both Russia and the European Union.
He argued that this pricing is a direct benefit of union membership and would likely disappear if Armenia were to leave the bloc.
Reshetnikov highlighted that Russia currently supplies gas to Armenia at $177.5 per 1,000 cubic meters under the EAEU’s Common Gas Market framework.
He argued that this pricing is a direct benefit of union membership and would likely disappear if Armenia were to leave the bloc.
The comment serves as a clear warning to Yerevan regarding the financial implications of any potential geopolitical realignment.
The statement arrives amid heightened tensions between Moscow and Yerevan.