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ANKARA: Armenia's Nuclear Plant To Run For Another Decade

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  • ANKARA: Armenia's Nuclear Plant To Run For Another Decade

    ARMENIA'S NUCLEAR PLANT TO RUN FOR ANOTHER DECADE

    Turkish Press
    March 27 2014

    Thursday, March 27, 2014

    MOSCOW - The Armenian government has decided to run the 'physically and
    technically outdated' Metsamor nuclear reactor for another 10 years,
    according to local media in Armenia.

    The Metsamor nuclear power plant, which started operating in 1980,
    is located 16 kilometers away from Turkey's border, and continues to
    produce about 40 percent of Armenia's electricity. However, Turkey
    and Azerbaijan object to its existence as they believe it does not
    meet international safety standards.

    The Armenian government will be given a loan from Russia to operate
    the Metsamor for the next 10 years and Russia's State Nuclear Energy
    Corporation, Rosatom, will undertake the modernization of the plant
    worth US$300 millions to carry out the management of the nuclear
    plant afterwards. The agreement between Armenia and Russia to extend
    the Metsamor's operation life will be signed on May 1, 2014.

    The reactor had more than 100 accidents during its operation and the
    European Union requested Armenia on a number of occasions to shut
    down the nuclear plant for safety reasons. However, Armenia refuses
    these requests due to its increasing energy needs.

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