During a meeting today with Igor Sechin, head of Russian Rosneft company, Armenian President Serzh Sargsyan welcomed its arrival in the Armenian market, according to the presidential press office.
"The arrival of Rosneft in the Armenian economy will give a great stimulus to the development of bilateral economic cooperation," Sargsyan was quoted by his press service as saying, ARKA reports.
During the meeting the two men discussed chances of long-term Russian-Armenian cooperation in economy, including the energy sector.
"The sides noted the importance of the economic component in the consistent efforts to deepen and strengthen relations between the two strategic partners", the press service said.