TY  - JOUR
T1  - Armenian Energy Sector: A General Overview
TT  - Armenian Energy Sector: A General Overview
AU  - Ibrahimov, Rovshan
PY  - 2021
DA  - November
JF  - Bilge Strateji
PB  - Bilgesam Yayınları
WT  - DergiPark
SN  - 1309-212X
SP  - 19
EP  - 24
VL  - 12
IS  - 22
LA  - en
AB  - Armenia is a small country that gained independence after the col- lapse of the Soviet Union, which does not have access to the open seas and does not possess significant natural resources. The country is completely dependent on imports of hydrocarbons, mainly oil and natural gas, as well as oil products.It should be noted that Armenia mainly purchases natural gas from Russia, the price for which is $ 165 per thousand cubic meters. In principle, if for the beginning of 2021, this price was considered high, and Armenia was looking for ways to reduce it. Later, in Octo- ber 2021, when spot prices in European markets reached $ 900-1200 per thousand cubic meters, this price became very favorable. Now Armenia can only hope that Russia will not change the gas price upward, due to the current situation in the gas market.
KW  - Armenia
KW  - Energy
KW  - Natural Gas
KW  - South Caucasus
CR  - -------------------------------------------------------------------------------------------------
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UR  - https://dergipark.org.tr/en/pub/bs/issue//1025409
L1  - https://dergipark.org.tr/en/download/article-file/2088234
ER  -