I think it is fair to say that Armenians have been jealous of the vast oil resources of its neighbors for quite some time. Perhaps envious no more!
...the agreement allows prospecting on half of Armenia's territory adjacent to Iran, Azerbaijan and Georgia, the states rich in oil and gas. "We suppose the south of Armenia has similar potential."Then again, a lot of oil-rich countries have become lazy vis-a-vis business development. Too much reliance on any one resource will do that to a country.
Here's hoping some oil is found, if for nothing else other than bragging rights!
Source: Pan Armenian via Gibrahayer
