RUSSIAN - IRANIAN BANK
Iran's delegation will visit Moscow before November 12 to set up a joint bank with Russia, Russia's Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Friday.
"This is no new idea. A Russian-Iranian bank existed in Soviet time though it was later liquidated. All details will be discussed after a principal decision is made. For now we've agreed that Iran's delegation will visit Moscow particularly for discussing all details and issues related to its location, conditions of work, and equity capital. Separate talks will be held in the nearest future when a delegation comes to Moscow," the Minister said.
As TASS reported earlier Russia and Iran reached a principal agreement regarding setting up a joint bank. Iran's central bank published an announcement on Thursday saying that Iran and Russia had agreed to set up a joint bank for the purpose of easing financial transactions between the two states.
The two sides had also discussed prospects of Iran's accession to the Eurasian Development Bank, which comprises Russia, Kazakhstan, Armenia, Tajikistan, Belarus and Kyrgyzstan.
|November, 14, 12:25:00|
|November, 14, 12:15:00|
|November, 14, 12:10:00|
|November, 14, 12:05:00|
|November, 14, 12:00:00|
|November, 14, 11:55:00|
WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told
WNN - in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh).
LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE