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Armenian Minister Of Energy On Armenia's Nuclear Potential

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  • Armenian Minister Of Energy On Armenia's Nuclear Potential

    ARMENIAN MINISTER OF ENERGY ON ARMENIA'S NUCLEAR POTENTIAL

    news.am
    Oct 28 2009
    Armenia

    It is yet too early to name the country that will construct a new
    nuclear power unit in Armenia, RA Minister of energy and Natural
    Resources Armen Movsisyan told NEWS.am.

    "We have not yet reached the stage when countries state their
    willingness to put in tenders for construction," he said. The Minister
    refuted media reports that Russia will reduce gas prices for Armenia
    in exchange for the construction right.

    The talks about the price reduction have nothing in common with the
    construction project, Movsisyan said. As regards the possibility of
    Armenian energy export to Turkey, the Minister said that it is quite
    realistic, as Armenia and Turkey have been negotiating the issue for
    a year.

    Тhe RA Parliament has adopted in the third reading the bill "On
    construction of a new power unit in Armenia." The document provides
    for the construction of a new power unit/units with a total capacity
    of 1.2MW and operating life of 60 years.

    The construction project is estimated at U.S. $4.5-5bn and is of high
    importance for Armenia, as the neighboring states have energy deficit.

    Armenia is the only country in the region that is capable of generating
    energy not only for domestic needs, but also export.

    During his recent visit to Yerevan President of the Rostom Corporation
    Sergey Kiriyenko stated that Rosatom is ready to render its services
    to Armenia, using the most reliable technologies.
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