Energy in Armenia which maintains a monopoly over Armenia's natural gas market. Gazprom wholly owns a crucial 24-mile section of the pipeline which Armenia surrendered in exchange for natural gas supplies from Russia at prices well below the European average until 2009. According to an analyst, Armenia "effectively bargained away its future prospects for energy sources in return for cheaper prices now." While Armenia could diversify its gas supply, with control of the Iran-Armenia gas pipeline, Gazprom now controls the competitors' supply. In 2009 Armenia was importing 1-1.5 million cubic meters of Iranian natural gas, paying for this by electricity exports. In 2010
Gazprom–RusVelo Gazprom–RusVelo Gazprom–RusVelo (), a part of the Russian Global Cycling Project, is a Russian road & track cycling team. It was founded in late 2011 and granted UCI Professional Continental status. For its first season 2012 the team signed several ex- riders along with a few ones from Continental Team . RusVelo includes both men's and women's rosters. The directors are Viatcheslav Ekimov, Oleg Grishkin, Egon van Kessel from the Netherlands, and Australian Henk Vogels. The General Manager is Heiko Salzwedel. In December 2012, RusVelo's request for a Professional Continental licence for the 2013 season was denied pending a review.