How much energy does Armenia import?

il fuels need to be imported. Natural gas represents the largest - 76.3% share of Armenia’s energy imports (2.45 mln toe), followed by oil roducts 22.6% (0.73 mln toe). Armenia exports ctricity in 2022, of which by0.79 nuclear power plant (31.0%), natural gas fired thermal power plants (42.2%), hydro power plants (21.1%) and wind and

What fuels do Armenia import and export?

roductionImports and ExportsAll fos il fuels need to be imported. Natural gas represents the largest - 76.3% share of Armenia’s energy imports (2.45 mln toe), followed by oil roducts 22.6% (0.73 mln toe). Armenia exports

Why is Armenia a heavily dependent on energy imports?

This makes Armenia a country heavily dependent on energy imports. According to the Review by the International Energy Agency, the energy mix of Armenia was dominated by natural gas (58.8% of total energy supply in 2022), and Armenia’s domestic energy production comes mostly from nuclear and hydro resources. Figure 2.

Is Armenia a natural gas exporter?

Armenia is a net exporter of electricity, although most of it is exchanged for natural gas from Iran. Armenia relies on imports of natural gas and oil for most of its energy needs, which exposes it to supply risks and dependence on a single supplier.

Where does Armenia get its energy from?

Lacking indigenous resources, Armenia imports natural gas and oil for most of its energy needs (78.6% of total energy supply in 2020), mainly from the Russian Federation (hereafter, “Russia”).

How much oil can be stored in Armenia?

According to a 2008 Energy Charter report, Armenia’s oil product storage facilities are of adequate capacity, as requirements far exceed annual consumption. Up to 1.2 Mt of light oil products and 0.9 Mt of fuel oil can be stored, but most depots do not comply with modern standards and many need repairs.