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The Expert Suggests Spurring Oligarchs

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  • The Expert Suggests Spurring Oligarchs

    THE EXPERT SUGGESTS SPURRING OLIGARCHS

    Lragir/am
    18/03/06

    The resource of the Armenian nuclear plant expires in 2016, and in
    the upcoming 15-20 years Armenia cannot afford to build a nuclear
    plant on its own, said the minister of energy of Armenia Armen
    Movsisyan. According to the minister, 400 million dollars is required
    to close down the nuclear plant, and one billion is needed to build
    a modern nuclear plant, which equals to the state budget of Armenia
    in 2006. According to the minister, the resource expires, but it does
    not mean that the nuclear plant will be closed down in 2016. He said
    that the nuclear plant will operate until the new plant is built.
    Armen Movsisyan assures that there is not a precedent of re-operation
    of a closed down nuclear plant, which happened with the nuclear plant
    of Metsamor, but there were cases when the expiry date of the reactor
    was prolonged.

    The EU is going to allocate 100 million euros to Armenia; the
    stipulation is to close down the nuclear plant of Metsamor. Armenia
    still disagrees: "100 million will not solve the problem."

    Experts consider the construction of a new nuclear plant an important
    component of independence and security in energy. Edward Aghadjanov,
    the director of the Center of Independent Experts, suggests building
    a new nuclear plant on the resources of Armenia. "By different
    evaluations the capital of the oligarchs of Armenia exceeds the
    state budget of Armenia several times. The oligarchs should build a
    nuclear plant instead of a sauna or a casino," says Edward Aghadjanov.
    The expert thinks that the construction of a new nuclear plant should
    be a national program based on the cooperation of the private sector
    and the government. The capacity of the nuclear plant should not be
    less than 1000 megawatts and it should have a regional importance.
    The important thing to do is to persuade the Armenian oligarchs.

    From: Emil Lazarian | Ararat NewsPress
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