BP announces $12bn investment in developing gas fields in EgyptMarch 6, 2015 - 14:45 AMT PanARMENIAN.Net - UK-based energy giant BP on Friday announced a total investment of $12 billion (11 billion euros) in developing gas fields in Egypt, calling it a "vote of confidence" in the country, AFP reports. "The WND (West Nile Delta) project investment is the largest foreign direct investment in Egypt," BP chief executive Bob Dudley said in a statement after final agreements were signed. Related links: 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 Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |