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The last few payments for Russian gas were in rubles, but at the appropriate rate. This was stated by the Minister of Economy of Armenia Vahan Kerobyan in an interview with RBC.

“That is, pricing is in dollars, but payment is now made in rubles, if I’m not mistaken. As for further questions in the field of pricing or payment, I think there is an understanding: we need to move towards national currencies. And I think that with the Russian side is making progress in this direction,” Kerobyan said.

In 2021, according to trade statistics, Armenia received from Russia natural gas for $414 million, oil products for about $270 million.

He also commented on the fact that, according to the Russian Central Bank, about 47% of Russian exports to Armenia in 2021 were carried out in US dollars, and about a third of Russian imports from Armenia were in dollars and answered questions about how the currency structure of these calculations starting from 2022, whether the transition, expansion of trade in rubles, in general in national currencies, will be a problem, given that confidence in the ruble is not increasing now.