Russia’s Gazprom, Bangladesh ink $193 million drill dealApril 26, 2012 - 18:54 AMT PanARMENIAN.Net - Bangladesh's state-run Petrobangla has signed a deal with Russian energy giant Gazprom to drill 10 onshore wells, AP reported. The $193 million deal was signed in Dhaka on Thursday, April 26 amid hopes that Bangladesh will be able to add up to 300 million cubic feet of gas to the national grid per day. Gazprom would have to complete the job within 20 months. Houston-based U.S. energy giant ConocoPhillips is currently exploring for gas off Bangladesh in the virtually unexplored deep waters of the Bay of Bengal. One forecast predicts that current gas reserves will run out within three years. Bangladesh has proven natural gas reserves of up to 15 trillion cubic feet. 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |