Gazprom to buy $38,3 million shares by Armenian subsidiaryDecember 3, 2016 - 15:12 AMT PanARMENIAN.Net - Russian Gazprom’s Board of Directors at a meeting on Thursday, December 1 agreed to acquire additional issuance of shares by its subsidiary, Gazprom Armenia, worth 2.5 billion rubles or $38,3 million. According to TASS news agency, Gazprom Armenia will issue a total of 3,372,843 shares. Gazprom Armenia is the 100% subsidiary of Gazprom. It transports, stores, distributes and sells natural gas, reconstructs and expands the gas transport system and underground gas storage facilities. 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 | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |