Armenia tries to secure energy independence

Armenia has elaborated new programs for further securing its energy independence. In particular, it wants to increase the network of small hydro electric power stations. This plan is essential for the country which lacks either oil or gas resources. So far, Armenia’s energy industry depends much on natural gas imported from Russia via Georgia. If Georgia decides to sell the north-south gas pipeline running from Russia to Armenia, Azerbaijan could become a potential buyer and this would be a serious threat to Armenia’s energy security. The country therefore wants to safeguard its energy supplies. The Iran-Armenia gas pipeline is providing sufficient gas to Armenia currently.