"Nabucco project can be realized at the expense of Iranian gas. Talks promise success. Once, Iran wanted to export gas via Armenia but Russia did not allow Armenia to become a transit country. Now Turkey is aspired to occupy our place. At that time Russia feared to lose control over gas export from East to West. Now, it has nothing to lose, since the pipe will stretch through unfriendly countries. Russia can change its stance and speak of the Iran-Armenia as an alternative to Nabucco," Habet Madoyan, expert of Mitk analytical center, said in an interview with PanARMENIAN.Net.

"In case Nabucco is put into operation we will not have much to expect. Two gas pipelines for the same source will be unreal and unprofitable. Nabucco will deprive Armenia of the last chance to participate in regional energy projects," he said.

Full text of the interview