Newsfeed

Eduard Sharmazanov: There will be no problem with delivery of grape

"Heritage" Party demands to stop criminal persecution of its representatives

Arman Melikyan: Moscow’s actions have become very predictable and those who lead it to a dilemma know beforehand what it will choose

Hotline available at Armenia's Embassy in Italy

Hackathon contest to be launched by MIC Armenia with support of Beeline

Putin charges immediate operability tests of Russian troops

Sources: Leadership of 102nd Russian military base in Armenia may be replaced soon

Armenian FM: Still no data if there were Armenians among quake victims in Italy

Arrestee over attempt of terror attack on Armenian-Russian gas pipeline confesses

Armenian Foreign Ministry verifying if there were citizens of Armenia among those feared killed in earthquake in Italy

Holders of MasterCard and Maestro are offered new way of receiving money transfers from Russia-via Odnoklassniki network

ANC: Congress did not support Sasna Tsrer, as the situation posed threat to statehood

On Sep 1 Beeline (Armenia) will announce about launch of CDMA network ensuring access to high-speed internet in all regions of the country

Court of Appeal leaves unchanged measure of restrain against Aram Manukyan, Sasna Tsrer group member

Diaspora Ministry receives 162 Armenians from Diaspora under "Ari Tun" project

Trial over attempt of terror attack on Russia-Armenia gas pipeline scheduled for October 10

Russian soldier Valery Permyakov sentenced to life imprisonment for murdering family of 7 persons in Armenia's Gyumri

Larisa Alaverdyan: Armenian side should forget about territorial concessions

Court leaves measure of restraint against activist Garegin Chugaszyan unchanged

Armenia takes 42nd place at RIO-2016

ACBA-Credit Agricole Bank launched GREEN lending within loan agreement with Central Bank under KfW "Energy Efficiency Program for SME"

Larisa Alaverdyan: Iran should participate in Karabakh settlement

Russian expert: The West does not want to perceive Russia as enemy and does not need confrontation

Terror attack on Russia-Armenia gas pipeline prevented in Georgia: Detainees are accused of having links to terrorist organization

Court of Appeal leaves unchanged measure of restraint against Toros Torosyan

Forecast: Withdrawal of any of the member countries may lead to dissolution of NATO

View from Moscow: Relations with Turkic world are not fundamental problem for Russia

Arayik Khandoyan to run for local elections in Tsakhkahovit, relevant documents submitted to CEC

Levon Yeranosyan urgently recalled from vacation leave

Armed Forces of Azerbaijan used "Utyos" large caliber machinegun

Regional

Armenian Ministry of Energy: By October 2014 Armenia will consider and approve a new indicative balance for duty-free supplies of Russian petroleum derivatives in 2015

  • by Alexandr Avanesov

  • Wednesday, July 16, 21:01

  By October 2014 Armenia will consider and approve a new indicative balance for duty-free supplies of Russian petroleum derivatives in 2015, Armenian Deputy Minister of Energy and Natural Resources Iosif Isayan says in an interview to ArmInfo. 

He says that the indicative balance for each year is to be approved by October of the previous year. The year 2014 was an exception, when the indicative balance was considered and approved by late 2013, because the agreement with the Russian Federation was signed on December 2. The document was approved by the Russian Energy Ministry, Armenian Ministry of Energy and Natural Resources and the Russian Ministry of Economic Development. Isayan says that additional oil derivatives may also be supplied but they will not be tax-exempt. Isayan stresses the importance of accurateness in determining the needs for petroleum derivatives. He says that for the moment it is the only problem, because neither the Statistical Service nor the State Traffic Inspectorate nor any other structures tackled that problem. For 2014 the quota of supplies is as follows: fuel oil - 45 tons, jet engine fuel - 47 thsd tons, diesel fuel - 144 thsd tons, oil tar for production of bitumen - 25 thsd tons, petrol - 136 thsd tons, lubricating oils - 390 tons. The project operator is Rosneft. The deputy minister says that the agreement will allow reducing the prices of oil derivatives in the republic's domestic market by 10-15%, which will have a positive effect on the whole economy of Armenia. 

To recall, on June 30 Russian President Vladimir Putin ratified a Law on ratification of the Russian- Armenian intergovernmental agreement on cooperation in supplies of natural gas, oil derivatives and rough diamonds to Armenia. Under the agreement, Russia levies no export customs duties from the domestic consumption amount of oil derivatives, natural gas and rough diamonds fixed in the indicative balances. In the meantime, the duty-free commodities supplied to Armenia from Russia cannot be re-exported to the third countries. In accordance with the agreement, the competent bodies of the parties coordinate the amount and nomenclature of domestic consumption of petroleum derivatives and natural gas in Armenia for the followingcalendar year. 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields