Nairit chemical plant’s future to be discussed in early June?May 23, 2013 - 19:34 AMT PanARMENIAN.Net - Representatives of Russian Itera company will visit Armenia in late May to discuss Nairit chemical plant’s operation. According to 168 zham daily, the Russian side stands ready to pay USD 100 mln and regularly pay the employees’ salaries. However, it refuses to assume the previous obligations of the plant. As RA Ministry of Energy told PanARMENIANNet, the talks with international companies over Nairit plant are ongoing, with Itera company noted among the parties concerned. As “Vedomosti” earlier reported, Russian company Itera, jointly with Rosneft OAO, is considering the possibility of modernizing Armenia’s Nairit chemical plant. Armenian acting Minister of Energy and Natural Resources Armen Movsissyan earlier said that the plant modernization will cost about $400-500 mln in investments. In 2006, 90% of Nairit shares were sold to British Rainoville Property Limited for $40, with Armenian government owning the rest 10% shares. 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 | Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Erdogan’s approval rating falls below 40 percent: survey A total of 53.4 percent of respondents said they disapprove of the performance of Erdoğan. Blinken says U.S. reviewing a number of aid requests from Armenia He said the U.S. is reviewing the requests to determine what more it can do to increase its assistance to Armenia. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |