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 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