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ROSNEFT TO UNVEIL RESULTS OF ITS EXPLORATION OF PROSPECTS FOR RE-LAUNCHING ARMENIA'S NAIRIT SOON
YEREVAN, July 10. /ARKA/. Russia's Rosneft will unveil within one month
the results of its study aimed at exploration of room for re-launching
Armenia's Nairit chemical giant, Armenian Energy Minister Yervand
Zakharyan told journalists on Thursday outside the government building.
Dozens of people gathered today outside the government's building
demanding repayment of their accumulated outstanding salaries. Prime
Minister Hovik Abrahamyan proposed them a meeting after the Cabinet
session.
"Russia's Rosneft is now exploring room for launching the plant and
is expected to release the results of its study within one month,"
Zakharyan said.
He also said that ways to settle the matter with employees are being
searched now on the Armenian prime minister's instructions.
The plant workers said wages have not been paid over 16 months.
"Studies will be completed in two or three months," the minister said.
"I am convinced that we will find ways to pay workers' salaries."
Nairit was the only plant in the Soviet Union to produce chloroprene
rubber. The plant was closed in 1989 for environmental reasons and
resumed operating partially in 1992.
In 2001, some production facilities were separated from the plant for
producing chloroprene rubber and a debt-free enterprise based on them
was established.
In 2006, 90% of Nairit's shares were sold to British Rainoville
Property Limited for $40 million. The remaining 10% belong to the
Armenian government.
In late December 2013, Rosneft, Pirelli Tyre Armenia and
Rosneft-Armenia signed a memorandum to produce butadiene-styrene
rubber here.
Earlier, former prime minister Tigran Sargsyan said that Rosneft wanted
to invest $400 million in the new plant, and Russian Ambassador to
Armenia Ivan Volinkin voiced hope that Nairit specialists would be
in demand at the new enterprise.
Rosneft has not backtracked on its investment program so far.
Nairit's outstanding payments totaled $12 million in November
2013. -0----
- See more at:
http://arka.am/en/news/economy/rosneft_to_unveil_results_of_its_exploration_of_pr ospects_for_re_launching_armenia_s_nairit_soon/#sthash.btTLG5tz.dpuf
YEREVAN, July 10. /ARKA/. Russia's Rosneft will unveil within one month
the results of its study aimed at exploration of room for re-launching
Armenia's Nairit chemical giant, Armenian Energy Minister Yervand
Zakharyan told journalists on Thursday outside the government building.
Dozens of people gathered today outside the government's building
demanding repayment of their accumulated outstanding salaries. Prime
Minister Hovik Abrahamyan proposed them a meeting after the Cabinet
session.
"Russia's Rosneft is now exploring room for launching the plant and
is expected to release the results of its study within one month,"
Zakharyan said.
He also said that ways to settle the matter with employees are being
searched now on the Armenian prime minister's instructions.
The plant workers said wages have not been paid over 16 months.
"Studies will be completed in two or three months," the minister said.
"I am convinced that we will find ways to pay workers' salaries."
Nairit was the only plant in the Soviet Union to produce chloroprene
rubber. The plant was closed in 1989 for environmental reasons and
resumed operating partially in 1992.
In 2001, some production facilities were separated from the plant for
producing chloroprene rubber and a debt-free enterprise based on them
was established.
In 2006, 90% of Nairit's shares were sold to British Rainoville
Property Limited for $40 million. The remaining 10% belong to the
Armenian government.
In late December 2013, Rosneft, Pirelli Tyre Armenia and
Rosneft-Armenia signed a memorandum to produce butadiene-styrene
rubber here.
Earlier, former prime minister Tigran Sargsyan said that Rosneft wanted
to invest $400 million in the new plant, and Russian Ambassador to
Armenia Ivan Volinkin voiced hope that Nairit specialists would be
in demand at the new enterprise.
Rosneft has not backtracked on its investment program so far.
Nairit's outstanding payments totaled $12 million in November
2013. -0----
- See more at:
http://arka.am/en/news/economy/rosneft_to_unveil_results_of_its_exploration_of_pr ospects_for_re_launching_armenia_s_nairit_soon/#sthash.btTLG5tz.dpuf