TASS. Russia has notified the Armenian Foreign Ministry that it could potentially terminate the agreement on the supply of gas, oil products, and diamonds should Yerevan join the European Union, Russian Foreign Ministry Spokeswoman Maria Zakharova said.
If Armenia decides to leave the Eurasian Economic Union (EAEU), Russia could set gas prices for Armenia at market rates instead of selling gas at a preferential price, which benefits Yerevan greatly, Kremlin Spokesman Dmitry Peskov reminded at a briefing.
The gas discounts Armenia receives are de facto aid from Russia, Peskov noted.
Russian Security Council Deputy Head Dmitry Medvedev pointed out that if Armenia continues its course of rapprochement with the EU, it will not be able to remain a member of the EAEU, meaning it will have to pay European prices for gas.
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He recommended that Pashinyan begin negotiations now on American LNG supplies, as the benefits of Armenia’s participation in the EAEU will disappear if it reorients itself toward Europe. According to an agreement signed between Armenia and Russia in 2013, Russia supplies Armenia with gas, petroleum products, and rough diamonds free of export duties and on preferential terms for domestic consumption.
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