The Kremlin declared that Armenia risks losing the “very favorable” price for Russian gas if it opts for European integration.

Armenia, a member of a Russia-led economic union, depends on energy supplies from Moscow, but has sought to strengthen its relations with the European Union, including by adopting a law for accession. The Kremlin’s spokesperson, Dmitry Peskov, emphasized that the price structure within other integrations is different and that the price paid by Armenia is significantly lower than that in Europe.

The Armenian Foreign Minister, Ararat Mirzoian, stated that Armenia does not intend to sever ties with Russia. Relations between the two countries have deteriorated recently, especially after the conflict in Nagorno-Karabakh.

Russian President Vladimir Putin discussed gas prices and suggested organizing a referendum in Armenia regarding aspirations for EU membership.