Thursday, August 14 2025 16:11
Alexandr Avanesov

Mesrop Arakelyan calculated Armenia`s revenue from  road through  Syunik: it will only be enough to increase pensions by 3,000 drams

Mesrop Arakelyan calculated Armenia`s revenue from  road through  Syunik: it will only be enough to increase pensions by 3,000 drams

ArmInfo.  The authorities, who lack knowledge of mathematics, confidently discuss the potential billions of dollars in revenue that the road passing through  Armenia's Syunik region. Mesrop Arakelyan, co-founder of the "Country  to Live" party, wrote  this on his Facebook page.

 "Let's figure out the potential income Armenia can receive as a  transit country. Currently, the gas pipeline, oil pipeline and  railway passing through Azerbaijan to Turkey all go through Georgia,  which earns income from  these routes. Georgia receives about 60  million dollars in income from the Baku-Tbilisi-Ceyhan oil pipeline,  which carries about 80% of Azerbaijani oil. Georgia receives a 5%  transit fee from the Baku- Tbilisi-Erzurum gas pipeline, which  carries almost the entire volume of Azerbaijani gas exports. In  monetary terms, this amounts to about 200 million dollars. The  Georgian Railway also  profits round 20 million dollars from transit  cargo transportation. As a result, Georgia receives about 280 million  dollars in income," the politician noted.

 Speaking about Armenia's income, he pointed out the obvious fact  that the same volume of oil and gas cannot pass through Armenia, as  almost all of Azerbaijan's exports already pass through Georgia.   Moreover, this is economically unprofitable. It is not feasible to  have two transit routes to the same destination - Turkey and Europe.  "In any case, let's assume that 25-30% of Azerbaijani gas and oil  exports will pass through Armenia, for which Armenia will receive  about $70 million. In the railway is used, Armenia may be in a more  advantageous position and assume that the entire volume passing  through Georgia will pass through Armenia. As a result, Armenia will  receive about $90 million in revenue, with it's half  going to the  United States, and the other half  remaining in Armenia. These $45  million would account for 0.6% of budget revenues, which will be  enough to increase pensions by 3,000 drams," Mesrop Arakelyan wrote.

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