• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 9 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 17 mins U.S. Presidential Elections Status - Electoral Votes
  • 13 hours Evergrande is going Belly Up.
  • 5 hours Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 16 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 3 days Poland Expands LNG Powered Trucking and Fueling Stations
  • 3 days World’s Biggest Battery In California Overheats, Shuts Down
  • 2 days The unexpected loss of output from wind turbines compels UK to turn to an alternative; It's not what you think!
  • 1 day Ten Years of Plunging Solar Prices
  • 1 day Extraction of gasoline from crude oil.
  • 4 days The coming Cyber Attack
  • 4 days Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 4 days Ozone layer destruction driving global warming
  • 4 days 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers
Shell Exits Permian In $9.5 Billion Deal

Shell Exits Permian In $9.5 Billion Deal

Anglo-Dutch oil supermajor Shell is…

Georgia Foils Terror Attack on Russia-Armenia Gas Pipeline

Georgia’s security services have thwarted an attempt by terrorists to blow up a pipeline that supplies natural gas from Russia to Armenia in an area outside Georgia’s capital Tbilisi, Russian-language Georgian website Gruzia Online reported on Monday. 

Georgia’s State Security Service have detained seven people, including a police patrol officer, who were trying to blow up the Russia-Armenia pipeline and are now facing charges of having links to terrorist organizations. One of the detainees has often traveled to Ukraine, Gruzia Online reported, citing a security services official.

Local-sources information on the chain of events is scarce, and not entirely impartial, with the region often being the theater of clashes and controversies since the fall of the Soviet Union.

Armenia is landlocked and does not have resources, and as such, relies heavily on imports. The Armenian subsidiary of Russian giant Gazprom operates thousands of miles of gas branches of the gas transmission system and gas pipelines. In the first half of 2016, Gazprom Armenia shipped 818.3 million cubic meters of gas from the Russian Federation to Armenia, which has a population of around three million people.

Armenia has very strained relations with two of its neighboring countries: Turkey and Azerbaijan, over the 1915 killing of Armenians by the Ottoman Empire, and over a two-decade old conflict with oil-and-gas-rich Azerbaijan over Nagorno-Karabach.

That’s why Armenia’s natural energy allies in the region are Russia and lately, Iran. A recently proposed energy project in the South Caucasus is aimed at creating a single, common electricity market between Russia, Georgia, Armenia and Iran. Analysts argue, however, that it could further tighten Russia’s grip on the southern Caucasus.

On the other hand, the lifting of the sanctions against Iran can also bolster energy cooperation between Iran and Armenia.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News