Armenia, Refining

Kazakhstan. The period of using of Euro-2 and Euro-3 petrol to be extended until 2018

The Council of the Eurasian Economic Commission suggests extending the period of use of Euro-2 and Euro-3 compliant petrol on the territory of Kazakhstan, according to the press-service.
Amendments have been discussed at a regular meeting of the Council of the Eurasian Economic Commission in Moscow.
The Council made changes into the regulations “On requirements to petrol and aviation fuel, diesel and marine fuel, jet engine fuel, residual fuel oil”.

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Rosneft has purchased a network of “Petrol Market” fuel stations in Armenia for $40 mln

​Rosneft has purchased a network of “Petrol Market” fuel stations in Armenia for $40 mln.
In August 2015 the company completed the deal on the purchase of 100% in “Petrol Market” Ltd which holds a network of fuel stations and an oil base located in Armenia, is reported.
The amount of the deal is $40 mln (2.7 bln roubles by the official rate of the Central Bank on the date of purchase).

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"Euro-4" is not allowed to go quietly.

The RF Ministry of Energy proposes to ban such gasoline not before 2018.
The RF Ministry of Energy, which in the beginning of September was in favor of the transfer of the ban on gasoline of ecological standard "Euro-4" for a year, is now offering to postpone for two years - until 2018, the proposals are submitted to the Eurasian Economic Commission (EEC). The Russian government feared shortage of gasoline in the amount of at least 2 million tons, but the rules must be approved by all members of the Eurasian Economic Community (EAEC). Experts believe that the countries will agree, as they have even more complex situation with the modernization of the oil refineries.

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Armenia and Russia prolong regime of duty-free supplies of fuel and gas for 2015

Protocol to an agreement dated December 2, 2013 was signed by A. Novak and E. Zaharyan. 
Let’s recall, on December 25, 2014, Armenia approved a protocol for bilateral agreement with the Russian Federation on cooperation in the supply of natural gas, oil and rough diamonds into the territory of Armenia. 

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The Federation Council has ratified duty-free oil and gas supplies to Armenia

The Federation Council has ratified the intergovernmental agreement with Armenia in the sphere of supplies of gas, oil products and unprocessed natural diamonds to the state. The agreement presupposes duty-free supplies of the goods until Armenia unites with the Eurasian integration space. Under the agreement, the Russian side does not charge import customs duties from oil products and gas at a volume of the internal consumption admitted in the indicative balance and for diamonds supplied to Armenia.

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Sarkisyan: Armenian Government is ready to give Rosneft tax benefits

The Armenian Government agrees to give Rosneft tax benefits, the Prime Minister of Armenia Tigran Sarkisyan stated during the governmental hour in parliament on Wednesday.
According to him, Rosneft, which is going to upgrade Erevan chemical plant of  Nairit, would like to work in the format of a free economic zone. “We find this variant acceptable, because it is a question of investments in the amount of about $500 million,” – Sarkisyan said.
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Rosneft to buy a chemical giant Nairit, when it resolves issue with debts

Rosneft studies possible purchase of Armenian chemical rubber giant Nairit, but the final decisions haven’t been made yet. The Deputy Director of the Russian Energy Ministry’s Department Mikhail Pleshkin stated this in interview with the IA Regnum.
“The Russian Ministry of Energy doesn’t take part in this process. The negotiations were held between Rosneft and the Armenian Government. As far as I know, the company is studying the issue, but the final decision hasn’t been made,” - he emphasized, mentioned debts of the chemical enterprise Nairit. “One of the issues that must be resolved is debts of the enterprise. And this is a rather serious amount. As far as I can see these issues must be resolved before they will start the deal,” – the interlocutor said.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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