  Nairit chemical plant’s future to be discussed in early June? May 23, 2013 - 19:34 AMT PanARMENIAN.Net - Representatives of Russian Itera company will visit Armenia in late May to discuss Nairit chemical plant’s operation. According to 168 zham daily, the Russian side stands ready to pay USD 100 mln and regularly pay the employees’ salaries. However, it refuses to assume the previous obligations of the plant. As RA Ministry of Energy told PanARMENIANNet, the talks with international companies over Nairit plant are ongoing, with Itera company noted among the parties concerned. As “Vedomosti” earlier reported, Russian company Itera, jointly with Rosneft OAO, is considering the possibility of modernizing Armenia’s Nairit chemical plant. Armenian acting Minister of Energy and Natural Resources Armen Movsissyan earlier said that the plant modernization will cost about $400-500 mln in investments. In 2006, 90% of Nairit shares were sold to British Rainoville Property Limited for $40, with Armenian government owning the rest 10% shares.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
