Gazprom cancels natural gas discount for Turkish companiesJanuary 29, 2016 - 16:17 AMT PanARMENIAN.Net - Russian state-owned energy giant Gazprom has reportedly cancelled a 10.25 percent discount on natural gas for at least six private Turkish companies. According to Stratfor, the companies, Enerco Enerji, Bosphorus Gaz, Avrasya Gaz, Shell, Bati Hatti, and Kibar Enerji, each import at least 10 billion cubic meters of natural gas from Russia annually in line with an agreement signed in 2012. The discount had been in effect since Jan 1, 2015. Unnamed officials said that representatives of Gazprom and the firms met in the recent weeks and decided on lifting the discount. Overall, Turkey imports 60 per cent of its natural gas — 28-30 billion cubic meters annually — and 35 percent of its oil from Russia. 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 | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |