Gazprom can explore oil, gas in Dominican RepublicFebruary 14, 2012 - 12:51 AMT PanARMENIAN.Net - The Dominican Republic has invited Russian gas giant Gazprom to carry out geological exploration for oil and gas on the Dominican shelf in a bid to cover the nation's energy shortage, Gazprom said on Tuesday, Feb 14. The Caribbean republic faces an electricity shortfall of 2,000-2,300 megawatts and is highly dependent on hydrocarbon imports. The government is working out a new energy strategy that provides for geological exploration of the nation's hydrocarbon deposits and establishment of electricity supply and distribution systems. "We would like to see (Gazprom) in the Dominican Republic. We are ready to do whatever is necessary to guarantee normal work here and protection of your investment," Dominican National Energy Commission President Enrique Ramirez was quoted in the company's statement as saying, RIA Novosti reported. 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 | 17 bridges collapse as a result of floods in Armenia As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. Armenia: Top cleric to retain title as he bids to become interim PM Galstanyan said earlier that the interim government would be tasked with stopping the “destruction of our homeland”. Ex-mayor of Karabakh capital arrested in Yerevan Ex-mayor of the Nagorno-Karabakh city of Stepanakert David Sargsyan has been arrested for 20 days. 269 people evacuated amid severe floods in Armenia’s north According to the Interior Ministry, 269 people have been evacuated from their homes in Lori and Tavush provinces. |