Armenian Regulator excludes cartel agreement in liquefied gas market

 Friday, July 23 2021 15:05:00
Armenian Regulator excludes cartel agreement in liquefied gas market

ArmInfo. The liquefied gas market is competitive, and the rise in prices is associated with an increase in demand. Ani Smbatyan, press secretary of the Competition ProtectionCommission (CPC) of Armenia, wrote about this on her Facebook page.

Best specialists of nuclear industry started annealing reactor vessel  metal of Armenian NPP
 Wednesday, July 21 2021 20:08

ArmInfo.At the Armenian NPP (ANPP) one of the most  important activities of outage-2021 has started. The joint efforts of  the specialists of "NVAER" company (a branch of   JSC)  engaged by JSC,  and of the Armenian NPP were  directed towards the recovery of physical-mechanical properties of  the reactor vessel metal.

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Armenia will coordinate the BSEC Energy Working Group
 Thursday, July 1 2021 11:20

ArmInfo. The delegation headed by the head of the Department of Multilateral Policy and Development Cooperation of the RA Ministry of Foreign Affairs Arman Khachatrian took part in the online meeting of the Council of Foreign Ministers  of the Black Sea Economic Cooperation Organization (BSEC) member  states.

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"Ayg-1" 200 MW solar photovoltaic station to be put into operation in  2025
 Thursday, June 24 2021 12:31

ArmInfo. On June 24, at a Cabinet meeting, the Armenian government approved the results of the pre-qualification competition dated December 3, 2020 within the  framework of the project for the construction of the  "Ayg-1"  photovoltaic industrial station and made changes to the terms of  financing the project.

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Kocharian on energy prospects for Armenia: It is not a problem to  come to an agreement with Rosatom
 Monday, June 14 2021 18:58

ArmInfo. Head of the Hayastan (Armenia) bloc, RA second president, Robert Kocharian, on June 14, during a meeting with voters in Metsamor, Armavir region, spoke about Armenia's energy prospects and assured that everything would be done  to extend the life of the Armenian NPP.

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UAE "Masdar" company to build a solar power plant in Armenia with a  capacity of 200 MW
 Tuesday, June 8 2021 16:46

ArmInfo.The UAE company "Masdar" will build a 200 MW solar  power plant in Armenia. The project cost will amount to USD 175  million. Yesterday, Acting Deputy Prime Minister of the Republic of  Armenia Tigran Avinyan received representatives of the Masdar  company, represented by the bid head of the company Mohammed Al  Shehhi, whom he congratulated on the fact that the company was  recognized as the winner of the project competition for the  construction of a photovoltaic industrial station "AYG-1" near Talin  town.

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Caucasian Power Transmission Network Program will be operational  after 2025 at best
 Thursday, June 3 2021 21:47

ArmInfo.The Caucasian Power Transmission Network Program,  which provides for the construction of a power transmission line and  an Armenia-Georgia substation for the organization of parallel  synchronous operation of the energy systems of the two countries,  will start working after 2025 in the best case scenario.

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Armenian and Russian sides to discuss extension of service life of  Armenian NPP until 2031
 Thursday, June 3 2021 18:38

ArmInfo.The Armenian and Russian sides will soon start discussing the issue of the extension of service life of the Armenian nuclear power plant until 2031. Deputy Minister of Territorial Administration of the Republic of Armenia Hakob Vardanyan  announced this in the parliament. The 

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The company of the former Deputy Energy Minister and the son of the former Prime Minister of Armenia received another tax benefit from the government
 Thursday, June 3 2021 14:48

ArmInfo.The company of the former Deputy Energy Minister and the son of the  former Prime Minister of Armenia received another tax benefit from  the government  Yerevan, June 3. ArmInfo. Naira Badalian.

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Scientists will again discuss problems and prospects for development  of geothermal energy in Armenia
 Wednesday, June 2 2021 22:05

ArmInfo.Prospects for the development of geothermal energy in Armenia will be considered on June 3 at a conference dedicated to the results of the "Assessment of  geothermal energy resources and natural hazards in Armenia" research  project, prepared by a joint Armenian-American research group. The  project is funded by PEER Science of the US National Academy of  Sciences.

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PSRC Head: There are no problems with the production capacity of  electricity in Armenia
 Wednesday, June 2 2021 22:04

ArmInfo. There are no, and cannot be, problems with the production capacity of electricity in Armenia, Chairman of the Public Services Regulatory Commission Garegin Baghramyan assured journalists on June 2 in the parliament.

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Amber Capital ``EU Armenia SME Fund`` made its first modest  investment in the development of alternative energy in Armenia
 Thursday, May 20 2021 14:25

ArmInfo.Private equity fund Amber Capital Armenia,  supported by the European Bank for Reconstruction and Development  (EBRD) and the European Union (EU), has acquired Solis, an Armenian  solar plant operator, to build and operate a 4 MW photovoltaic (PV)  solar power plant in Aragatsotn, western Armenia. The parties to the  transaction did not disclose the amount of the transaction and the  volume of investments in the project. Nevertheless, according to  experts, the total volume of investments may amount to about 2 - 2.5  million US dollars.

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Armoil petrochemical plant promises to launch production by July 2021
 Thursday, May 20 2021 13:19

ArmInfo.In a month, the petrochemical plant in the Nati district of the city of Yeghvard, Kotayk region, will start producing machine oil and bitumen. "The  construction of the plant was completed two years ago, but due to a  number of artificially created problems, we could not start  production in any way," General Director of "Armoil" CJSC Alfred  Abedi said in an interview with ArmInfo.

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First floating solar power plant to be built in Armenia
 Friday, May 7 2021 14:34

ArmInfo. The " Armenia Renewable Resources and Energy Efficiency Fund " together with the French company "Trans Energy" applied to the government of France and  received a grant for the construction of the first floating solar  station in the Republic of Armenia.

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Head of the Fund: Electricity tariff may be lowered
 Friday, May 7 2021 13:28

ArmInfo. The liberalization of the electricity market will lead to a reduction in the price of  electricity. Director of the Fund for Renewable Energy and Energy  Saving of Armenia Karen Asatryan stated this, presenting the plans  for 2021 and the results of the Fund's activities in past years.

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The UK will help the State Committee for Nuclear Regulation of  Armenia to modernize the country`s nuclear industry
 Monday, April 26 2021 12:33

ArmInfo. Nuclear power can make a significant contribution to reducing greenhouse gas emissions and improving energy security, while at the same time supplying the  growing amounts of energy needed for a country's development. This is  stated in the message of the British Embassy in Armenia.

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Papikyan defies detractors-modernization of Metsamor NPP will be  continued
 Thursday, April 15 2021 14:53

ArmInfo.Armenia intends to extend the life of the Metsamor nuclear power plant beyond 2026.  

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Melkumyan: "Velvet" government failed in the modernization program of  Metsamor NPP 
 Tuesday, April 13 2021 16:23

ArmInfo.Armenia will soon face very serious challenges in the field of energy security, MP from the "Prosperous Armenia" faction Mikael Melkumyan said on April 13 from  the rostrum of the parliament.

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Up to 150 million cubic meters of Russian gas to be supplied to  Armenia through Azerbaijan
 Monday, April 5 2021 17:36

ArmInfo. Under a short-term  contract signed with the Russian company Gazprom Export, it is  planned to transport about 150 million cubic meters of Russian gas  through the territory of Azerbaijan to Georgia.

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EU Ambassador and Armenian NPP leadership discussed opportunities for  expanding cooperation
 Friday, April 2 2021 16:18

ArmInfo.The Ambassador of the European Union to Armenia and the leadership of the Armenian Nuclear Power Plant (ANPP) discussed the possibilities of expanding  cooperation within the framework of projects to ensure a high level  of responsible and safe management of spent fuel and radioactive  waste within the CEPA framework. This became known following the  working visit of the EU Ambassador Extraordinary and Plenipotentiary  to Armenia Andrea Wiktorin to the Metsamor NPP.

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FRV reaches financial close with IFC, EBRD, and Ameriabank for the  largest Utility Scale Solar Power Plant ``Masrik-1`` in Armenia
 Thursday, March 25 2021 18:38

ArmInfo.Fotowatio Renewable Ventures (FRV), part  of Abdul Latif Jameel and a leading global developer of renewable  energy projects, has closed the financing agreement for the  development of the largest utility-scale solar power plant in  Armenia.

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News
Education is the basis of a strong state: IDBank and Russian-Armenian University announced cooperationEducation is the basis of a strong state: IDBank and Russian-Armenian University announced cooperation
"Texas Production" knitting company received tax incentive from  Government within framework of investment program in amount of about  1 billion drams 
Armenian government satisfied application of Armenian government satisfied application of "GINAP" LLC for  exemption from import customs duties on imported technological  equipment
Governor: Sotk mine will be exploited again when safety issues are  resolved  Governor: Sotk mine will be exploited again when safety issues are  resolved  
 About $ 60 million will be invested in a new ski resort in the  Aragatsotn region of Armenia. About $ 60 million will be invested in a new ski resort in the  Aragatsotn region of Armenia.
Converse Bank has completed the placement of corporate bondsConverse Bank has completed the placement of corporate bonds
Armenian government to identify obstacles to launching Armoil  petrochemical plant in Kotayk regionArmenian government to identify obstacles to launching Armoil  petrochemical plant in Kotayk region
Fundraising for the start of construction of the airport UAV named  after Karen Vardanyan has been completedFundraising for the start of construction of the airport UAV named  after Karen Vardanyan has been completed
TOP-5 large taxpayers of Armenia reduced tax payments in the first  half of the yearTOP-5 large taxpayers of Armenia reduced tax payments in the first  half of the year
Managing Director of Japan Bank for International Cooperation is  ready to visit Armenia to get acquainted with cooperation  opportunitiesManaging Director of Japan Bank for International Cooperation is  ready to visit Armenia to get acquainted with cooperation  opportunities
In H1, 2021 Armenian banks transferred to the state treasury USD 60.6  million taxes with a 19.4% y-o-y growth In H1, 2021 Armenian banks transferred to the state treasury USD 60.6  million taxes with a 19.4% y-o-y growth 
Telecommunications operators of Armenia reduced tax payments to the  state budget by 12.8% in H1, 2021Telecommunications operators of Armenia reduced tax payments to the  state budget by 12.8% in H1, 2021
Delegation of Armenian Economy Ministry is in Georgia to discuss the  possibilities of expanding cooperation in the trade and economic  fieldsDelegation of Armenian Economy Ministry is in Georgia to discuss the  possibilities of expanding cooperation in the trade and economic  fields
ANIF Head: New Law on Public-Private Partnership has become an  important step towards stimulating investment in ArmeniaANIF Head: New Law on Public-Private Partnership has become an  important step towards stimulating investment in Armenia
French experts proposed mechanisms for identifying and analyzing  risks to improve the process of tax audits in ArmeniaFrench experts proposed mechanisms for identifying and analyzing  risks to improve the process of tax audits in Armenia
In H1 2021, ARMENAL plant produced 16.9 thousand tons of productsIn H1 2021, ARMENAL plant produced 16.9 thousand tons of products
 ACBA Bank: USD 5 million will be allocated to development of Green  Economy in Armenia ACBA Bank: USD 5 million will be allocated to development of Green  Economy in Armenia
Ameriabank is the leading taxpayer among Armenian banks in the first  half of 2021Ameriabank is the leading taxpayer among Armenian banks in the first  half of 2021
Armenia`s foreign trade deficit reduced in June 2021 by 20.2% per  annumArmenia`s foreign trade deficit reduced in June 2021 by 20.2% per  annum
Growth of economic activity accelerates in ArmeniaGrowth of economic activity accelerates in Armenia
Armenia intends to expand cooperation with leadership of Iran`s  Social Security Investment CompanyArmenia intends to expand cooperation with leadership of Iran`s  Social Security Investment Company
Clarification of State Revenue Committee about new advantages of  obtaining  certificate of  law-abiding taxpayerClarification of State Revenue Committee about new advantages of  obtaining  certificate of  law-abiding taxpayer
1000 large taxpayers of Armenia paid about $ 1.2 billion to the state  budget in H1, 2021: Defense Ministry apparatus is the third on the  list 1000 large taxpayers of Armenia paid about $ 1.2 billion to the state  budget in H1, 2021: Defense Ministry apparatus is the third on the  list 
US State Department Investment Review: The financial sector in  Armenia is not highly developedUS State Department Investment Review: The financial sector in  Armenia is not highly developed
Government of Armenia discussed agricultural programs implemented  with support of stateGovernment of Armenia discussed agricultural programs implemented  with support of state
Updated RA Law Updated RA Law "On Combating Money Laundering and Financing of  Terrorism" will enter into force on July 26
Armenian Regulator excludes cartel agreement in liquefied gas marketArmenian Regulator excludes cartel agreement in liquefied gas market
Tax revenues of the Armenian state treasury as of July 20 amounted to  865.2 billion AMD with an annual indicator of 1 trillion 510 billion  AMDTax revenues of the Armenian state treasury as of July 20 amounted to  865.2 billion AMD with an annual indicator of 1 trillion 510 billion  AMD
Armenian Ambassador to the Czech Republic held talks with the  leadership of Armenian Ambassador to the Czech Republic held talks with the  leadership of "CzechInvest"
Agricultural land sales remain high in the regions of ArmeniaAgricultural land sales remain high in the regions of Armenia
Deputy Minister of Economy and Russia`s Ambassador discussed  development of the Armenian-Russian strategic, trade and investment  cooperation Deputy Minister of Economy and Russia`s Ambassador discussed  development of the Armenian-Russian strategic, trade and investment  cooperation 
Resident of FEZ Resident of FEZ "Alliance" LLC "Arides" intends to expand activities  in the field of electronics and precision engineering
The trend of monthly growth in apartment prices in Yerevan continuesThe trend of monthly growth in apartment prices in Yerevan continues
It was a joke: Armenian Minister of Economy on his call to It was a joke: Armenian Minister of Economy on his call to "detain"  labor migrants
Armenian government allocated about $ 17.8 million for overhaul of  roads with length of 50.7 kmArmenian government allocated about $ 17.8 million for overhaul of  roads with length of 50.7 km
Armenian authorities will fight against tax Armenian authorities will fight against tax "parasites"
Issues of implementation of a number of investment programs discussed  in the Armenian governmentIssues of implementation of a number of investment programs discussed  in the Armenian government
Best specialists of nuclear industry started annealing reactor vessel  metal of Armenian NPPBest specialists of nuclear industry started annealing reactor vessel  metal of Armenian NPP
Armenia will explore space with Russian partnersArmenia will explore space with Russian partners
Vahan Kerobyan: Armenia`s labor market has set a new recordVahan Kerobyan: Armenia`s labor market has set a new record
Papikyan announces investments in Gyumri in amount of about $ 8.5  millionPapikyan announces investments in Gyumri in amount of about $ 8.5  million
As part of 2025 strategy, EAEU will develop a concept for  implementation of principles of green economyAs part of 2025 strategy, EAEU will develop a concept for  implementation of principles of green economy
EEC supported  draft roadmap for formation of common market for  organic agricultural productsEEC supported  draft roadmap for formation of common market for  organic agricultural products
For 5 months of 2021, the mutual trade of the EAEU member states  increased by 33%For 5 months of 2021, the mutual trade of the EAEU member states  increased by 33%
SRC of Armenia reports on the next record in the number of jobsSRC of Armenia reports on the next record in the number of jobs
Electronic system of Electronic system of "single window" in the field of foreign trade  will be launched by the end of 2021
Deputy Minister of Economy of Armenia sent on an official trip to  Russia to discuss issues of bilateral trade and economic cooperationDeputy Minister of Economy of Armenia sent on an official trip to  Russia to discuss issues of bilateral trade and economic cooperation
Revazyan: After the formation of a national air carrier, Armenia will  appeal to Europe with a request, as an exception, to allow access to  the Revazyan: After the formation of a national air carrier, Armenia will  appeal to Europe with a request, as an exception, to allow access to  the "European sky"
Life on loan: In six months, Armenia`s public debt grew by $ 901  million - up to $ 8 billion 869 millionLife on loan: In six months, Armenia`s public debt grew by $ 901  million - up to $ 8 billion 869 million
Armenia considers possibility of canceling excise tax for winemakersArmenia considers possibility of canceling excise tax for winemakers
Armenian customs officers with Iranian colleagues discussed  modernization of Meghri checkpointArmenian customs officers with Iranian colleagues discussed  modernization of Meghri checkpoint
Government together with KfW, EIB and EU will allocate 81 million  euros to ensure water supply in several regions of ArmeniaGovernment together with KfW, EIB and EU will allocate 81 million  euros to ensure water supply in several regions of Armenia
Nikol Pashinyan visited Nikol Pashinyan visited "Saranist" glass production company and got  acquainted with activities of new brandy factory
The next vector of ANIF activities is to provide support to water and  waste management systemsThe next vector of ANIF activities is to provide support to water and  waste management systems
With formation of national air carrier and increase in passenger  traffic, issue of expanding Zvartnots airport may ariseWith formation of national air carrier and increase in passenger  traffic, issue of expanding Zvartnots airport may arise
Ameriabank receives Euromoney Euromoney Award for Excellence 2021 as  the Best Bank in ArmeniaAmeriabank receives Euromoney Euromoney Award for Excellence 2021 as  the Best Bank in Armenia
The largest aviation concern in Europe - Lufthansa enters the  Armenian marketThe largest aviation concern in Europe - Lufthansa enters the  Armenian market
National air carrier to be established in Armenia within the  framework of the agreement with Air ArabiaNational air carrier to be established in Armenia within the  framework of the agreement with Air Arabia
Vahan Kerobyan once again found it realistic to end 2021 with  economic growth of 10-11%Vahan Kerobyan once again found it realistic to end 2021 with  economic growth of 10-11%
EU to allocate 600 million euros for the construction of the southern  section of the North-South highwayEU to allocate 600 million euros for the construction of the southern  section of the North-South highway
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