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 Space Systems century, with annual revenues growing from $5.5 million in 2000 to £32.6 million in 2005 and $83.7 million in 2008. The company was founded in 1992 by several Gazprom Group enterprises (Yamburggazdobicha, Tumenburgaz, Urengoygazprom, Nadimgazprom, Tumentransgaz), as well as NPO Energia and Gazprombank. Gazprom Space Systems OJSC Gazprom Space Systems (), previously known as (Gazcom) (), is a Russian communications satellite operator and developer. Gascom currently operates the Yamal telecommunication satellites, initially designed and built jointly with the Energia space corporation. The satellites are used to transmit over 60 Russian and foreign television channels, and are also used by the