Proceedings of the International scientific and practical conference “Science in the Modern World” (January 19-21, 2026) / Publisher website: www.naukainfo.com. - Cambridge, United Kingdom, 2026. - 203 p.

18 INVESTMENT DEVELOPMENTS IN THE GAS SUPPLY SYSTEM OF THE REPUBLIC OF ARMENIA (2020-2028) Abstract. The gas supply system of the Republic of Armenia is one of the most important links, as it is one of the main energy resources. It is used for both industrial and municipal purposes, and the stability, safety and efficiency of its supply directly affect the development of the economy, the quality of life of the population and environmental protection. Keywords: gas supply, investments, natural gas, import. Armenia has almost no local fossil fuel reserves, so one of the most important issues facing the energy sector of the Republic of Armenia is Armenia's energy dependence on one country. However, the built Iran-Armenia gas pipeline is an alternative route for transporting gas to Armenia, which allows expanding gas supply opportunities. Natural gas is more widely used as a vehicle fuel in the world, as it is relatively cheaper than gasoline and diesel fuel and is ecologically cleaner. In the case of large- scale use of natural gas as a vehicle fuel, the greenhouse effect of the atmosphere will be significantly reduced by up to 20%. In this regard, the Republic of Armenia is one of the leaders, as about 80 percent of registered cars in Armenia run on gas (compressed or liquefied), and about 360 LPG stations operate in the republic. The combustion of natural gas produces carbon dioxide and water vapor, and 1.22 times less carbon dioxide than in the case of gasoline combustion, and the toxic gases emitted are 1.5 times less than the toxic gases emitted by gasoline [1] . Large gas reserves can create a number of strategic advantages for a country or region, including self-sufficiency, economic stability, energy security, and strengthening of international political position. A number of countries have large gas reserves, which are also engaged in gas production and export. The Statistical Review of World Energy, published in 2022, presents a list of countries with the largest gas reserves in the world[4] .