In a survey taken in 2005 by the Football Federation of Armenia, Oganesian was chosen as the best player of Armenia in the 20th century. On May 28, 2010, on the occasion of the Armenian Republic Day, a number of prominent figures of different areas were honored. For his contribution to the Fatherland Order of the President of Armenia Serzh Sargsyan, the law on State Awards, the highest award of the country, were given to Oganesian, who was awarded the Khorenatsi medal.