// IP Marketing video - START// IP Marketing video - END

Integral Petroleum to explore oil, gas in Armenia

Integral Petroleum to explore oil, gas in Armenia

PanARMENIAN.Net - Integral Petroleum company was provided with governmental license for exploration of oil and gas reserves in Armenia at Thursday, November 22 sitting.

The government also approved an agreement stipulating for sharing the products mined.

 Top stories
It has been agreed that Iran’s gas export volume to Armenia and dispatch of electricity from Armenia back to Iran should grow as of 2018.
Behzad Babazadeh said that the Armenian side wants imported gas from Iran to be increased from 1 mcm to 1.6 mcm.
The event was timed to coincide with the visit of a 10-strong delegation of prestigious UK companies led by Mark Pritchard MP.
The two-day intensive programme includes meetings with Armenian high level state authorities and business representatives
Partner news