Russian oil giant Lukoil wants level playing field on Arctic March 7, 2013 - 21:59 AMT PanARMENIAN.Net - Russia's second-largest oil company will push for legislation to allow independent producers to compete for the right to tap the rich energy reserves of the Arctic, AP said. Lukoil President Vagit Alekperov says the company is anxious to get a piece of the Russian Artic shelf, which is dotted by oil deposits. Though no one is drilling yet in the Arctic, the Russian government has so far allowed only state-owned companies to offer plans. Alekperov told reporters while announcing the company's results Thursday that he seeks a level playing field for independents. Lukoil, which in Russia is only behind state-owned Rosneft in size, routinely gets elbowed out of potentially major deals and licenses to oil fields that the government distributes. Its profit rose 6.2 percent to $11 billion in 2012.   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 |  Latest 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. |
