Gazprom Armenia fully depends on gas import from Russia via Georgia, the Iran-Armenia Natural Gas Pipeline was intended to decrease the dependency on Russia. The 1.1 bcm of gas per year had given Armenia a considerable bargaining power against Gazprom. Critics now say that placing the pipeline under Russian control would only deepen that dependence and that the agreement could be seen as a big geopolitical victory of Russia in the Transcaucasian region. Gazprom Armenia Gazprom Armenia (), formerly known as ArmRosGazprom (; ), is a subsidiary of the Russian Gazprom company in Armenia. It was founded in 1997 as a joint
Gazprom Neft Gazprom Neft Novy Port with Gazprom Neft as the operator of the project. In spring 2011, Gazprom Neft confirmed the viability of year-round supply from the field by sea. The Novoportovskoye field will be developed in two phases, first focussing on the southern part of the field where peak production will reach 5 mln tonnes of oil per year. The second phase will look at the northern part of the field, where peak production is expected to reach 3 mln tonnes of oil per year. The Messoyakha Group of oil and gas fields consists of the West-Messoyakha and East-Messoyakha sites.