Russia’s Gazprom, Bangladesh ink $193 million drill dealApril 26, 2012 - 18:54 AMT PanARMENIAN.Net - Bangladesh's state-run Petrobangla has signed a deal with Russian energy giant Gazprom to drill 10 onshore wells, AP reported. The $193 million deal was signed in Dhaka on Thursday, April 26 amid hopes that Bangladesh will be able to add up to 300 million cubic feet of gas to the national grid per day. Gazprom would have to complete the job within 20 months. Houston-based U.S. energy giant ConocoPhillips is currently exploring for gas off Bangladesh in the virtually unexplored deep waters of the Bay of Bengal. One forecast predicts that current gas reserves will run out within three years. Bangladesh has proven natural gas reserves of up to 15 trillion cubic feet. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |