Gazprom can explore oil, gas in Dominican RepublicFebruary 14, 2012 - 12:51 AMT PanARMENIAN.Net - The Dominican Republic has invited Russian gas giant Gazprom to carry out geological exploration for oil and gas on the Dominican shelf in a bid to cover the nation's energy shortage, Gazprom said on Tuesday, Feb 14. The Caribbean republic faces an electricity shortfall of 2,000-2,300 megawatts and is highly dependent on hydrocarbon imports. The government is working out a new energy strategy that provides for geological exploration of the nation's hydrocarbon deposits and establishment of electricity supply and distribution systems. "We would like to see (Gazprom) in the Dominican Republic. We are ready to do whatever is necessary to guarantee normal work here and protection of your investment," Dominican National Energy Commission President Enrique Ramirez was quoted in the company's statement as saying, RIA Novosti reported. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |