Araştırma Makalesi

5. Conclusion 
Analysis of the İRİ-RA relations over the period since 1991 shows that the RA 
needed to establish ties with the İRİ for rebuilding its weakened economy. The 
analysis of energy cooperation between the two countries allows us to draw some 
conclusions. The most important of these results is that the issues of energy 
cooperation between the two countries are mainly in the interests of Armenia. The 
main goal of Iran's energy diplomacy towards Armenia is to achieve the 
transportation of natural gas to European countries through Armenia and then 
through Georgia. The failure of energy projects discussed between Armenia and 
Iran is due to several factors. Russia, Armenia's main energy supplier, does not want 
to see a rival like Iran in this market. There is a lack of funding for many projects. 
The economic unprofitability of projects discourages investors from investing. The 
analysis of current processes shows that Iran, which previously tried to use energy 
resources as a tool of geopolitical influence, is losing its influence due to the new 
geopolitical conditions are emerging after the 44-day Karabakh war. The Armenian 
government has to make a choice for the future development of the country: 
continuing the fictitious ideological challenges, deepening the country's problems 
about oil and gas restrictions, keeping on the agenda projects that are unprofitable 
with Iran and seem very difficult to implement or normalize relations with the 

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Çankırı Karatekin Üniversitesi 
İktisadi ve İdari Bilimler 
Fakültesi Dergisi 
Cankırı Karatekin University 
Journal of the Faculty of Economics 
and Administrative Sciences 
Republic of Azerbaijan, the country with significant energy resources in the region, 
and Turkey, an energy corridor, and take advantage of more favorable conditions.