Armenia borders the Islamic Republic of Iran on one side, which ranks third in the world in terms of oil and gas reserves, while Russia, another major player in the sector, lies to the north. I believe that this combined potential, complementing one another, creates an opportunity to turn Armenia into a unique transit hub in the energy sector. Iranian Ambassador to Armenia Khalil Shirgolami made the remarks during a press conference, commenting on discussions surrounding the construction of a new nuclear power plant in Armenia.
In this context, a journalist asked whether Iran, as one of Armenia’s key energy partners, considers regional cooperation or deepening dependence on extra-regional technological influence to be the more beneficial path for Armenia.
The ambassador recalled that various discussions are underway between Armenia and the Islamic Republic of Iran in the energy sector, noting that these discussions and ideas concern gas, the energy sector, transportation, transit, as well as cooperation in the field of petroleum products.
“There are new ideas and new plans, and if both sides demonstrate the necessary and genuine political will, then I believe Armenia could find itself in an entirely new position in terms of energy transit and the further development of its own energy potential,” the ambassador said.