GAZPROM READY TO PARTICIPATE IRAN-ARMENIA GAS PIPELINE CONSTRUCTIONMarch 21, 2005 - 07:24 AMT PanARMENIAN.Net - Garzprom is ready to take part in the construction of the Iran-Armenia gas pipeline, vice president Gazprom Public Corporation Alexander Ryazanov stated during a press conference in Moscow. In his words, the company is ready to get engaged in the project with 12% investment recovery annually. A joint Armenian-Russian venture on equal terms should formed for this purpose, Alexander Ryazanov noted. Russia will be represented by Gazprom Public Corporation while Armenia by the Ministry of Energy. According to Ryazanov, the construction will cost $170 million. About 20-30% of this sum is to be out up as the authorized capital stock of the joint venture. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |