  "LUKOIL" RUSSIAN COMPANY REFUSED TO PARTICIPATE IN AZERBAIJANI OIL PROJECTNovember 18, 2002 - 19:16 AMT PanARMENIAN.Net - "Lukoil" Russian Oil Company has stated about the sale of its "Azeri-Chirak-Gyunesh" oil project shares to the Itochu OI Japanese Company. The deal is $1 billion 150 million. "Lukoil" that had 10% of the project shares did not comment on the reasons of the step in any way. The Itochu OI company had over 3% of the project shares before. Commenting on the deal, the Azeri state oil company president Ilham Aliyev has stated that the purchase and sale of the project shares is the business of those companies, naming that action "a merely commercial deal".  Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
