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RUSSIA, ARMENIA AGREE TO EXTEND NUCLEAR PLANT SERVICE LIFE TO 2026
Interfax, Russia
December 23, 2014 Tuesday
MOSCOW. Dec 23
Russia and Armenia have signed an intergovernmental agreement on
cooperation concerning the extension of the service life of the No. 2
reactor at the Armenian Nuclear Power Plant, Russian state nuclear
corporation Rosatom said.
The Armenian NPP's license was issued for a period of 30 years, to
September 1, 2016. The agreement will see the plant get a license
for a ten-year extension to 2026.
Under the document, a comprehensive study of the generating unit will
be conducted by the end of the first quarter of 2015, after which a
program will be drafted to extend the service life. This program will
be carried out in 2015-2016. The license is expected to be received
in September 2016, after which the final phase of work will be carried
out by 2019.
The countries agreed that the work will be financed with a loan that
Russia will extend to Armenia. The parameters and terms of the loan
are being negotiated by the two countries' finance ministries.
Armenian Deputy Energy and Natural Resources Minister Ara Simonian said
in November that Yerevan planned to sign an agreement with Russia by
the end of 2014 on a loan of $270 million to extend the service life
of the Armenian NPP to 2026.
Interfax, Russia
December 23, 2014 Tuesday
MOSCOW. Dec 23
Russia and Armenia have signed an intergovernmental agreement on
cooperation concerning the extension of the service life of the No. 2
reactor at the Armenian Nuclear Power Plant, Russian state nuclear
corporation Rosatom said.
The Armenian NPP's license was issued for a period of 30 years, to
September 1, 2016. The agreement will see the plant get a license
for a ten-year extension to 2026.
Under the document, a comprehensive study of the generating unit will
be conducted by the end of the first quarter of 2015, after which a
program will be drafted to extend the service life. This program will
be carried out in 2015-2016. The license is expected to be received
in September 2016, after which the final phase of work will be carried
out by 2019.
The countries agreed that the work will be financed with a loan that
Russia will extend to Armenia. The parameters and terms of the loan
are being negotiated by the two countries' finance ministries.
Armenian Deputy Energy and Natural Resources Minister Ara Simonian said
in November that Yerevan planned to sign an agreement with Russia by
the end of 2014 on a loan of $270 million to extend the service life
of the Armenian NPP to 2026.