Break with Russia could turn Armenia into 'economic disaster zone' — expert

AI Summary

An expert warns that severing ties with Russia could plunge Armenia into an economic disaster. Armenia currently benefits from Russia's relatively low-priced gas supplies compared to Europe's significantly higher market prices.

Alexander Krylov noted that Russia currently supplies gas to Armenia at $177.5 per 1,000 cubic meters, adjusted for calorific value, while the market price in Europe exceeds $600