  Russian Rosneft buys Armenia’s Petrol Market November 26, 2015 - 14:15 AMT PanARMENIAN.Net - Russian oil company Rosneft has acquired Petrol Market, a network of petrol filling stations in Armenia, for $40 million, TASS reports according to ARKA. The deal was finalized in August 2015. Petrol Market owns a chain of filling stations and tank farms in Armenia. Rosneft is the largest oil and gas company in Russia. Its main shareholder is the government-owned Rosneftegaz that holds 69.5% in Rosneft, another major shareholder being BP (19.75%). Part of the company’s shares are traded at the Russian stock market.   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 Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
