PressAM

The perfect balance on news and information

Vahe Davtyan

Business

“Armenia and Russia Strike Deal on Gas Supply to Iran, Raising Concerns: A Game-Changer in the Global Gas Market”

Armenia and Russia agree on gas supply from Russia to Iran. The purpose of Iran’s imports through Armenia raises concerns. The agreement strengthens Russian-Iranian “energy dialogue” and the gas pipeline project connecting the two countries. This creates a new reality in the global gas market, with Qatar and Turkey also competing for a niche. However, challenges remain with the Southern Gas Corridor and gas export restrictions. Implementing “Gas OPEC” is crucial for Iran’s interests. The Armenian gas pipeline enhances energy security for Armenia and expands its regional role. The Iranian gas pipeline holds potential as a significant regional resource.

Business International Politics

“EUMPC Explores Prospects for ‘Middle Corridor’ Project in Developing Eurasian Transport Connections”

The EUMPC discusses prospects of the “Middle Corridor” project, with participation from Deputy Prime Minister Vahe Davtyan. The project is warmly received by China and set to be implemented in 2022, connecting Turkey, Azerbaijan, and Uzbekistan. The goal is to expand transport connections and access to the Caspian Sea and Central Asia. The EU and China’s interests align, particularly regarding the importance of the Caspian Sea for the Trans-Pacific route and the “Caspian Gas Pipeline”. The region is becoming part of mega-projects, making the “Middle Corridor” project more promising.

Around the Globle

“Expert Warns: Reliance on Gas Purchases from Azerbaijan Exposes Armenia’s Energy Security Vulnerabilities”

The energy security of Armenia is at risk due to its reliance on gas imports, says energy security expert Vahe Davtyan. Armenia receives gas from Iran and relies on diversification. Davtyan explains how Azerbaijani gas can enter Armenia and discusses potential construction projects. However, due to financial and logistical constraints, large-scale projects are not realistic. Armenia’s best option remains the local version.