Armenian Ministry of Energy and Economy
| Primary URL | Location | Industry | www[.]gov[.]am |
Country
Armenia
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Government - National
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Profile
The Armenian Ministry of Energy and Economy is a government ministry tasked with shaping and executing national policy in the fields of energy and economic development. It oversees the regulation of energy markets, including electricity, natural gas and renewable sources, and works to ensure reliable supply and competitive pricing. The ministry also designs measures to stimulate economic growth, support entrepreneurship and improve the business environment in Armenia. It coordinates with other state agencies, local authorities and international organisations to align energy and economic strategies with broader national goals. As part of the executive branch, the ministry is subordinate to the Prime Minister and reports to the National Assembly on its activities and budget execution. Its headquarters are located in the capital city of Yerevan, Armenia.
In April 2016 the ministry’s online infrastructure was targeted by a distributed denial‑of‑service attack carried out by the Turkish hacker group Turk Hack Team. The attack was claimed as retaliation for the Nagorno‑Karabakh clashes and aimed to disrupt access to the ministry’s website and related government services. The incident highlighted the ministry’s exposure to cyber threats amid regional tensions and prompted subsequent efforts to strengthen its digital defences. While the ministry’s staff size and annual budget are not disclosed in the available sources, its mandate covers both traditional energy sectors and emerging renewable initiatives. The organisation’s dual focus on energy policy and economic policy distinguishes it from ministries that handle only one of these domains. As a state institution, it is fully owned and funded by the Armenian government and operates without private shareholders or parent‑company structures.
