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Armenia Secures Russian Gas at Prices Far Below Global Spot Rates

|Armenia, Russia|1 independent sources

Published by WarSignal Editorial · Last updated

Armenia has been receiving Russian natural gas at prices several times lower than current global spot market rates, according to a senior Russian gas industry expert.

Sergey Kaufman, a senior analyst for the Russian gas sector, noted that the discounted prices are higher than those for Russia’s domestic market but still significantly below the rates paid for supplies to Belarus.

The pricing arrangement reflects Russia’s strategy to maintain energy ties with neighboring countries while offering competitive rates to key partners such as Armenia.

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