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#OPEC

Economy

Armenian Parliament ratifies €50 million loan from OPEC fund

The Armenian parliament ratified a 50-million-euro loan agreement with the OPEC Fund for International Development on Thursday, intended to cover the budget deficit.

06.12.2024, 10:27

Economy

Energy prices in Armenia in 2024 will depend on global processes - Nurbekyan

A significant drop in oil prices in 2023, as well as uncertainty and economic slowdown will continue to affect Armenia in 2024, Central Bank Deputy Governor Armen Nurbekyan said during the Amundi-Acba 2024 Economic Forum.

01.02.2024, 10:45

Economy

Armenia to receive 50 million euro loan from OPEC Fund

The OPEC Fund for International Development will provide a 50 million euro loan to Armenia.

12.12.2023, 12:09

Business

OPEC+ decision to enable Russia to resume oil output by 90%, says Deputy PM Novak

The decision made by OPEC+ ministers earlier on Wednesday on an increase in oil output by 400,000 barrels per day in March will enable Russia to resume its production by 90% of the pre-pandemic level, Russian Deputy Prime Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel, TASS reported.

03.02.2022, 10:16

Business

Tareq Alnassar: OPEC Fund Partners Ameriabank to Address Problems and Help to Improve the Life of People in Armenia.

Tareq Alnassar, OPEC Fund Assistant Director-General, Private Sector and Trade Finance Operations, talks about OPEC Fund’s partnership with Ameriabank, projects implemented by the Fund, private sector support and the SME development strategy of the Armenian government.

02.12.2021, 16:23

Business

US$30m OPEC Fund loan to Ameriabank to promote sustainable energy and support small businesses in Armenia

The OPEC Fund for International Development (the OPEC Fund) and Ameriabank, the largest universal bank in Armenia, have signed a US$30 million long-term senior loan agreement to support private sector development in the country.

27.11.2021, 06:32

Economy

OPEC upgraded its forecast for 2016 oil demand growth

The Organization of Petroleum Exporting Countries (OPEC) increased the global oil demand outlook by 30,000 barrels a day, TASS reported.

10.08.2016, 16:21