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REFERENDUM
NEWS
18.01.06 11:04 PM.A 3.3 Magnitude earthquake was registered 10 km North-West of the town of Doku-Bayazet, Turkey, on January 18 at 12:50 PM local time.

18.01.06 12:31 PM.Five Armenian sportsmen will participate in the Winter Olympiad in Turin.

18.01.06 1:25 PM.The rotation of Armenian peacemakers in Iraq fixed for today has been postponed for technical reasons, the Armenian Defense ministry press-service told ARMINFO.

18.01.06 1:34 PM.Russia's Gazprom monopoly confirmed on Tuesday reports that it has offered not to double the price of natural gas supplied to Armenia in return for acquiring a big thermal power plant located in the central town of Hrazdan, ArmeniaLiberty reports.

17.01.06 1:43 PM.Enterprises Incubator Foundation (EIF) will represent Armenia at an IT exhibition "GeBIT-2006" in Hanover (Germany) fixed for March 9-15.

17.01.06 2:04 PM.The assistant of the Director General of the World Health Organization (WHO), Margaret Chen, informed that the bird flu can spread from Turkey to the South Caucasus and Middle East.

17.01.06 4:04 PM.The specialists of the World Health Organization who worked in the hot beds of bird flu will visit Armenia next week.

17.01.06 8:23 PM.Jean Cleargue, representative of Hospitaler Order of St. Lazarus French Charity Organization can't receive compensation and leave for France.

16.01.06 9:01 PM.The minor HPPs of Armenia can secure 10% of inner demand for electricity.Armen Movsisian, RA Energy Minister, said this at today's press conference.

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ANNOUNCEMENT OF KEY EVENTS OF JAN 18 2006 11:30 AM - press conference of the State Sports Committee Ishkhan Zakarian at the house of the Committee 11:45 AM - presidential award ceremony in the residence of the Armenian President 12:00 AM - press conference of opposition representatives Grigor Harutiunian and Aram Sarkisian at the National Assembly 1:00 PM - excursion to one of the Armenian battery farms from the MAX Group office

GAZPROM WOULD NOT DOUBLE THE PRICE OF NATURAL GAS SUPPLIED TO ARMENIA IF ARMENIA ACCEPTED THE PROPOSAL OF RUSSIAN'S PARTY

YEREVAN, JANUARY 18. ARMINFO. Russia's Gazprom monopoly confirmed on Tuesday reports that it has offered not to double the price of natural gas supplied to Armenia in return for acquiring a big thermal power plant located in the central town of Hrazdan, ArmeniaLiberty reports.

Denis Ignatiev, a spokesman for the state-controlled energy giant, told RFE/RL that this is one of the proposals made by the Russian side during the ongoing negotiations with the Armenian government. He said their acceptance would almost certainly spare Armenia the need to pay $110 per thousand cubic meters of Russian, or twice as more as it has paid until now.

Officials in Yerevan say Gazprom has agreed to delay the enforcement of the new tariff until April 1, pending the outcome of the negotiations. The presidents of the two countries are expected to try to reach a mutually acceptable solution when they meet in Moscow next week.

Ignatiev said Moscow has indeed offered to extend a multimillion-dollar loan to Armenia which would be spent on covering the extra cost of its gas. The loan would presumably be repaid with fresh handovers of Armenian industrial facilities, notably the Hrazdan plant which is incomplete but quite modern.

The idea was rejected by Prime Minister Andranik Markarian on Friday. "We could borrow from the West and international organizations on much more favorable terms," he argued.

The power plant in question is currently being completed by a state-owned Iranian company that signed a $150 million investment agreement with the Armenian government last fall. It is due to generate electricity with Iranian gas that will be delivered to Armenia through a pipeline currently under construction. Energy Minister Armen Movsisian said on Monday that work on the first Armenian section of the pipeline is proceeding ahead of schedule and will likely be complete by the summer of 2007.

Russia, currently Armenia's sole gas supplier, is believed to be uneasy about the project. According to the Gazprom spokesman, one of the Russian proposals deals with the planed Iranian gas deliveries. He refused to elaborate.

Russia's presence in the Armenian energy sector is already pervasive, with Russian energy giants owning most of the country's gas infrastructure, electricity distribution network, several hydro- electric stations and another big thermal plant located in Hrazdan. In addition, a state-owned Russian utility manages the finances of the nuclear power plant at Metsamor.

HEADLINES OF OCTOUBER 20

OSCE OFFICE ORGANIZES WORKSHOP ON COMBATING TRAFFICKING IN ARMENIA

IF RUSSIA DEMANDS OF ARMENIA TO OBEDIENTLY FOLLOW ITS POLICY IN RELATIONS WITH GEORGIA, IT HAS TO FULFILL SEVERAL CONDITIONS: LEADER OF ARMENIAN MARXIST PARTY

INTERVIEW OF ARMENIAN PRESIDENT WITH AL-JAZEERA FAILURE OF COUNTRY'S COMPLEMENTARY FOREIGN POLICY: LEADER OF ARMENIAN MARXIST PARTY

KAZAKH AMBASSADOR TO AZERBAIJAN: ISLAMIC COUNTRIES ALWAYS SUPPORT AZERBAIJAN IN SETTLEMENT OF KARABAKH CONFLICT

AZERBAIJAN'S PRESIDENT THANKED AMBASSADORS OF ISLAMIC COUNTRIES FOR SUPPORT IN NAGORNO KARABAKH ISSUE

JOURNALIST SEMINAR HELD IN AKHALTSIKHI FOR PROBLEMS OF NATIONAL MINORITIES, LIVING IN GEORGIA

RA FM: AZERBAIJAN IS READY, AT ANY MOMENT, TO SIGN DOCUMENT FOR SETTLEMENT OF KARABAKH PROBLEM, WHICH HAD BEEN ON NEGOTIATIONS TABLE IN 1997

RA FM: RECOGNITION OF ARMENIAN GENOCIDE IS NOT CONDITION FOR ARMENIA-TURKEY RELATIONS ARRANGEMENT

GOVERNMENTAL DELEGATION TO VISIT KRASNODAR REGION

FOREIGN MINISTER OF RA AT THE UN CONFERENCE IN TORONTO, CANADA

ARMENIA TO REVIEW ITS POLICY ON RUSSIA: HEAD OF ARMENIAN PUBLIC MOVEMENT

ANM TO RUN IN PARLIAMENTARY ELECTIONS 2007 AS PART OF BLOC

PRESENT ATTITUDE TOWARDS PRESS IS CRITERIA FOR ASSESSING FUTURE ELECTIONS

$809.3 MLN NEGATIVE TRADE BALANCE IN ARMENIA IN LATE SEPT 2006

12.5% ECONOMIC GROWTH IN ARMENIA IN JAN-SEPT 2006

'NEW TIMES' PARTY DEMAND RELEASE OF 'UNITED JAVAHKH' BLOC REPRESENTATIVE

PRIME MINISTER OF RA MET WITH NEWLY APPOINTED AMBASSADOR OF KAZAKHSTAN TO RA

A MEETING OF CHINESE MPs WITH THEIR COLLEAGUES IN ARMENIA

SPEAKER OF ARMENIAN PARLIAMENT RECEIVED DELEGATION OF CHINESE PARLIAMENT

ARMENIAN, RUSSIAN AND TURKISH JOURNALISTS INTENDING TO ESTABLISH NETWORK OF ECOLOGICAL JOURNALISTS OF REGION

ARMENIAN AND RUSSIAN FOREIGN MINISTRIES HOLD CONSULTATIONS

Armenia's CB (18-01-06)
rates
drams
1GBP 714.64(+1.14)
1RUR 14.17(+0.02)
1USD 381.76(+0.61)
1EUR 478.84(+0.77)
10JPY 32.11(0.00)
1CHF 301.22(+0.44)
1CAD 335.50(+0.57)
"ARMEX" SE CURRENCY AUCTION 13.01.06
DEMAND (Purchase)USD
Best price 383
Aver. weight. Price 382.42
Volume (frgn exch.) 500.000
DEMAND (Purchase)EUR
Best price -
Aver. weight. Price -
Volume (frgn exch.) -
SUPPLY(Sale)USD
Best price 383.2
Aver. weight. Price 383.22
Volume (frgn exch.) 200.000
SUPPLY (Sale)EUR
Best price -
Aver. weight. Price -
Volume (frgn exch.) -
DEALS (USD)
Opening price 383.15
Closing price 383
Minimum price 383
Maximum price 383.15
Aver.weight. price 383.1
+/- (%) h0.03
Number of deals 2
Volume (for.exch.) 150.000
Volume (AMD) 57,465.000
ARMEX-DYNAMICS OF CHANGES IN VOLUME OF CURRENCY DEALS
DYNAMICS OF CHANGES IN VOLUME OF USD  DEALS AND AVERAGE WEIGHTED EXCHANGE RATE AT ARMEX ASE 2005/2006
INTERVIEW
I believe that the interests of Armenia and Azerbaijan will not be served…

Interview with RA National Assembly speaker Artur Baghdasaryan

ANALYST
JULY 5 - DAY OF CONSTITUTION OF THE REPUBLIC OF ARMENIA
New

INDICATOR
SHARE OF TOTAL CAPITAL, ASSETS, PROVISION OF CREDITING OF ARMENIA'S BANKING SYSTEM IN GDP (data of Armenian National Statistical Service and balance accounts of Armenia's commercial banks for 01.01.05)
NEWS FROM ARMENIA-LADA
WEEK FOTO
DANCE AROUND ARAGATS MOUNTAIN
OUR PRODUCTS
RANKING OF LEADING INSURANCE COMPANIES OF ARMENIA 01.01.2005

RANKING OF ARMENIA'S COMMERCIAL BANKS AS OF 01.01.2005



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