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.

24 In 2014, Gazprom and ArmRusgazprom merged, and Armenia's energy system came under Russian control, increasing Armenia's dependence on Russia. Gazprom Armenia CJSC is a subsidiary of Gazprom AGJSC. Gazprom AGJSC is the sole shareholder of the company. Gazprom Armenia CJSC ensures the supply and sale of natural gas in the domestic market of the Republic of Armenia. The company is one of the leading companies in the Armenian economy. Over the past few years, the company has invested $900 million in the republic's gas and energy sector. Gazprom Armenia CJSC strives to take its place in gas and energy projects of regional importance. As a result of the extensive work carried out by the company and the implemented investment programs, the energy security of the republic has reached a fairly high level today. With two gas pipelines from the north and south of the country, as well as underground gas storage capacities, Armenia is not inferior to countries in the region that have their own energy reserves [5] . Table 2․ Volume of natural gas sold in the natural gas distribution system (million cubic meters), 2024 (January-June) [2] 1 By consumer groups 1284 2 Population 492 3 Energy 324.8 4 Industry 116.6 5 AGLCC 175.5 6 budgetary organizations 33.4 7 other consumers 142