Armenia

Russian gas is more profitable for Armenia than Iranian

The Acting Minister of Energy Infrastructures and Natural Resources of Armenia Garegin Baghramyan said on Tuesday that Iran offered gas to Armenia on terms less favorable than current purchases fro

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Polymetal may sell Kapan in Armenia

Artyom Volynets the former general director of En+ Group  and now of  Chaarat Gold can buy out the Kapan gold mining asset in Armenia from Po

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In January-September, transit of electricity from Azerbaijan to Turkey through Georgia fell three times to 13.4 mln kWh

In January-September 2018, electricity production in Georgia increased by 9.5% compared to the same period last year to 9 479.2 million kWh, Commercial operator of the electric power system of Geor

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Supplies of Russian gas to Armenia suspended

Russian gas supplies to Armenia were suspended for the period of September 24 to 26, 2018 in connection with repair and restoration works on the North Caucasus-Transcaucasia gas pipeline, Gazprom A

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Armenia receives cheap gas at personal order of Putin

Cheap gas supplies to Armenia are carried out on the personal instructions of the Russian President Vladimir Putin, the Armenian Prime Minister Nikol Pashinyan stated.

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Armenia counts on cheap Russian gas

The Armenian authorities intend to make every effort to ensure that the country receives Russian gas at a reduced price.

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Iranian authorities start negotiations on supply of electricity to Russia

Iran is going to supply electricity to Russia in order to connect to electric networks.

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Armenia asks Russia to help it with construction of new nuclear power plant

Armenia has been interested in construction of a new nuclear power plant, which could replace the currently modernized Armenian nuclear power plant.

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In 2017, Polymetal reduced budget payments by 14.3%

Polymetal Int (combines assets of Polymetal) together with its subsidiaries paid in total $193.6 million for 2017 to the budgets of Russia, Kazakhstan and Armenia, which is by 14.3% less than in 20

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