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#ARMOIL

Business

Government extends tax benefits for Armoil Company

The Armenian government has extended today a set of tax benefits granted earlier to the company Armoil, which plans to complete the construction of a refinery in the town of Yeghvard in the central province of Kotayk.

30.08.2018, 18:58

Business

Armoil to invest some $35 million in construction of refinery

The Armenian Armoil company will have invested 16.8 billion drams (around $35 million) in the construction of an oil refinery in the town of Yeghvard, the Minister of Economic Development and Investments Suren Karayan said at a government meeting on Thursday.

22.03.2018, 15:25

Business

ArmOil to commission oil refinery in 3-4 years

It will take the ArmOil company 3-4 years to commission an oil refinery in the town of Yeghvard in the central Kotayk province, economy minister Artsvik Minasyan told a last week Cabinet meeting, recalling that the company had been awarded already a 3-year VAT payment deferment in late 2015.

05.09.2016, 10:26

Business

ArmOil to invest $35 million in construction of refinery

Armenian ArmOil company will invest 16.8 billion drams (about $35 million) in the construction of an oil refinery, economy minister Karen Chshmarityan said December 24.

25.12.2015, 10:29