Joint Armenian-Russian oil supply, marketing enterprise to be formed

Joint Armenian-Russian oil supply, marketing enterprise to be formed

PanARMENIAN.Net - Prime Minister Tigran Sargsyan met with the delegation of Rosneft Russian oil giant led by the chairman Igor Sechin.

At the meeting, Sargsyan welcomed the joint Rosneft-Oil Techno project for marketing and supply of oil products in Armenia.

Sechin, in turn, stressed Armenia’s major potential in oil products supply, hailing the cooperation to be established.

In conclusion, an agreement for a joint enterprise was signed between Rosneft and Oil Techno, with the Armenian company represented by CEO Artur Alaverdyan.

 Top stories
Iran’s Alireza Kameli said that an average of one million cubic meters of natural gas is currently being exported to Armenia.
According to Minister Yervand Zakharyan, about $220 million will be invested in the project; the agreement will be signed within four months.
Maufacturing of tobacco products increased by 49.1% to AMD 94 bn, with production of jewelry also climbing 61% to AMD 18 bn.
Net inflow of remittances to Armenia in the reporting period amounted to approximately $891,4 million, down by 35.8% remitted in 2014.
Partner news