Armen Manvelyan
vol. VI(1)
Pages 19-27
Abstract
The Eurasian Economic Union could change the economic and political
landscape in Eurasia and in the South Caucasus. Armenia, with its recent
decision to join the Union, is especially sensitive to resulting changes in
the South Caucasus. Low oil prices are changing the energy politics in the
South Caucasus, which means that that the importance of Azerbaijan as
an oil-exporting country is decreasing, and this in turn impacts the entire
South Caucasus as an oil transit route. Armenia's ambitions to be
involved in the process of establishing a "single energy space" are of
strategic importance. This, together with its participation in the "North-
South high-voltage energy corridor" project - might help Armenia to
reinforce its position in the South Caucasus.
Keywords: Armenia, energy politics, the South Caucasus, the Eurasia
Economic Union, Energy transportation infrastructure, Azerbaijan.
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