Gaz de France to take part in the elaboration of Abcheron gas projectJune 30, 2009 - 15:46 AMT PanARMENIAN.Net - Gaz de France SUEZ (GDF/SUEZ) French company received 20% of shares of Abcheron gas exploration and elaboration project in the Azerbaijani part of the Caspian Sea.GDF/SUEZ joined the project through acquiring 20% of shares from French Total, another project participant, which earlier possessed 60% of shares in the contract. Within three years, it is planned to dig an exploratory hole costing USD 100 million. The projected depth of the hole is 6500 m. During the next three-year period, two more exploratory holes may be dug. Abcheron bloc is situated at a distance of 10 km. from Baku, Trend agency reports. 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’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. Armenia parliament to consider draft proposal on impeachment June 17 The Armenian Parliament will hold an extraordinary session on June 17 to consider a draft proposal on the resignation of the government. Armenia to send Deputy Foreign Minister to Berlin’s Ukraine Recovery Conference Georgia will attend the forum at the level of Prime Minister, Foreign Minister, while Azerbaijan will send their Foreign Minister. About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. |