Wednesday, May 27 2026 10:08
Marianna Mkrtchyan

Kommersant: Moscow threatens halt of gas, oil product and diamond  supplies to Armenia 

Kommersant: Moscow threatens halt of gas, oil product and diamond  supplies to Armenia 

ArmInfo.Further process of drawing closer to the EU threatens Armenia with a complete halt to supplies of gas, oil products, and diamonds from Russia. According to Kommersant, Moscow now considers the duty-free regime for these goods granted in 2013 impossible and is threatening Yerevan with freezing  or denunciation of bilateral agreements.

"Russia may suspend or unilaterally denounce the agreement on the  supply of natural gas, petroleum products, and rough diamonds to the  republic, signed in December 2013, if Yerevan continues its EU  accession process. This follows from a letter from Russian Energy  Minister Sergei Tsivilev to the Ministry of Territorial  Administration and Infrastructure of Armenia," Kommersant  (Kommersant) reports.

"Continued practical steps to deepen Armenia's interaction with the  European Union and the Armenian government's declared desire to join  the EU threaten the preservation and development of the fundamentally  high level of Russian-Armenian trade, economic, and investment  cooperation, one of the foundations of which are bilateral  international treaties," the letter states.

Mr. Tsivilev writes that Armenia's attempts to join the EU "are  inconsistent with the nature of the partnership between the  governments and economic entities of our countries, built on respect  and mutual benefit over decades, and with the practical actions  Russia has repeatedly taken to meet Armenia's critical needs on a  preferential basis." "Based on this."

The Russian Ministry of Energy and the Armenian Ministry of  Territorial Administration and Infrastructure did not provide any  comment.

Under the 2013 agreement, Russia permanently abolished export duties  on oil products, gas, and diamonds supplied to Armenia.

This marked another step toward the country's accession to the  Eurasian Economic Union (EAEU), which currently also includes Russia,  Belarus, Kyrgyzstan, and Kazakhstan. Under the agreement, Moscow  supplies Yerevan with oil products and gas in the amounts approved by  indicative balances for domestic consumption, while re-export to  third countries is prohibited. The document also stipulates that if  the agreement is terminated by either party, Armenia's obligations to  pay compensation to Russia or to recognize unpaid amounts as its  sovereign debt to Russia will continue until those obligations are  fully fulfilled.

Armenia meets almost all of its gas needs with Russian gas. In 2025,  Gazprom supplied the country with approximately 2.7 billion cubic  meters of gas. Another 476 million cubic meters comes from Iran under  the Gas for Electricity program: Armenia supplies Iran with  electricity (primarily generated at the Hrazdan Thermal Power Plant),  and Iran supplies Armenia with natural gas at a rate of 3 kWh per  cubic meter of gas.

A long-term supply contract for up to 2.5 billion cubic meters has  been signed with Gazprom Armenia.

An additional agreement to the 2013 contract, signed in late 2019,  set the price of Russian gas for Armenia at $165 per 1,000 cubic  meters. The parties agreed to fix the price at this level for another  ten years in 2022.  Currently, according to Russian President  Vladimir Putin, the price is $177 per 1,000 cubic meters.  Gazprom  announced its intention to spend approximately $400 million on  developing the gas transmission system and underground gas storage  facilities in Armenia in 2026-2030.

Yerevan annually imports approximately 0.9-1 million tons of  petroleum products duty-free from Russia.  In 2025, according to  preliminary data from the republic's customs service, imports  amounted to 890,000 tons (including LPG, bitumen, etc.).

Diamonds were excluded from the agreement's scope in 2016 due to  Armenia's accession to the EAEU Treaty. Almost 50% of all stones  imported into Armenia are of Russian origin. The country has its own  diamond cutting industry, but its volumes are insignificant-200,000  carats per year. There is no domestic mining industry. Armenia  primarily re-exports diamonds, including Russian ones.