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Armenia To Become An Exporter Of Uranium

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  • Armenia To Become An Exporter Of Uranium

    ARMENIA TO BECOME AN EXPORTER OF URANIUM
    By A. Martirosian

    AZG Armenian Daily
    26/04/2007

    Economy. Russia-Armenia Relations

    An agreement between Armenia and Russia about research and exploitation
    of uranium deposits in Armenia shall radically change the status
    of Armenia worldwide, stated yesterday Nature Protection Minister
    Vardan Ayvazian and head of Nuclear Energy Department of the Russian
    Federation Sergey Kiriyenko.

    Mr. Kiriyenko said that his optimism is based upon the agreement
    between the Armenian and Russian Presidents in Sochi. He also
    informed that a major part of the research works on the Armenian
    Uranium deposits has already been done. According to the research
    of USSR experts, about 30 thousand tons of Uranium are stored in
    the deposits of Armenia. Mr. Kiriyenko assured that more intensive
    research may reveal 150-200% of Uranium previously detected.

    The expertise is to be finished by the end of 2007. After that a joint
    Russian-Armenian enterprise shall be established so as to start the
    exploitation of the deposits. Armenia most probably will join the new
    Nuclear Energy Center, founded by Russia and Kazakhstan. This will
    give Armenia opportunity of becoming a producer of nuclear energy
    and an exporter of Uranium.

    Referring to the issue of the Armenian Atomic Power Plant, the head of
    the Russian Nuclear Energy Department said that it can work properly
    until the appointed date - 2016. As 2016 is already drawing near,
    Armenia should think about constructing a new Atomic Power Plant,
    he said. On behalf of the Russian Government he suggested Armenia to
    undertake teh construction of the new power plant with output equal
    to that of the present one.

    Nature Protection Minister of Armenia Vardan Ayvazian said that
    the excavation and processing of Uranium in Armenia will surely
    encourage the Government about the construction of a new power
    plant. Mr. Kiriyenko noted that even Russia, possessing large resources
    of oil and gas, is still enhancing its nuclear power system, therefore
    Armenia, being deprived of oil, should to the best to start its own
    nuclear power program.
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