Armenia claims world leadership in gasificationSeptember 12, 2007 - 15:32 AMT PanARMENIAN.Net - Given the ArmRosgazprom's activities, Armenia's savings in the transport sector amount to $180-200 million while the population saves some $300 million, ArmRosgazprom Director General Karen Karapetian said at today's meeting of the company's shareholders dedicated to ArmRosgazprom 10th birthday.ArmRosgazprom's strategic aim is to establish an energy gas company of regional significance and secure its participation in local and foreign energy projects, he said. "The company's investments totaled $110 during recent ten years. This figure presents ArmRosgazprom as one of major depositors in Armenia's economy. The gasification program is supposed to be accomplished by the end of 2007. However, to date Armenia claims leadership not only among the CIS member countries but also in the world. Armenia has succeeded in creating favorable conditions for attracting capitals," Karen Karapetian said adding that GazpromBank is expected to enter the Armenian financial market in the near future. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. 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". Partner news | Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. |