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Armenia In Talks With Russia Over New Nuclear Plant

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  • Armenia In Talks With Russia Over New Nuclear Plant

    ARMENIA IN TALKS WITH RUSSIA OVER NEW NUCLEAR PLANT
    By Armen Dulian

    Radio Liberty, Czech Rep.
    Oct 25 2007

    Russia is ready to help Armenia build a new nuclear plan and is
    currently discussing the ambitious idea with its government, a top
    executive of a Russian atomic energy firm said on Thursday.

    "We are discussing the issue of building a new 100 Megawatt unit in
    the territory of the Armenian nuclear plant [at Metsamor,]" Aleksandr
    Glukhov, vice-chairman of the state-owned Atomstroyexport company,
    told the Itar-Tass news agency.

    "Armenia has unique legislation which allows foreign companies
    to acquire shares in [local] nuclear plants, which creates new
    opportunities for them," he said.

    The Armenian parliament enacted the government-drafted legislation
    early last year in what was widely seen as the first step toward the
    eventual construction of the new plant estimated to cost at least
    $1 billion. The authorities in Yerevan hopes to raise the sum from
    foreign governments or companies interested in financing the project.

    President Robert Kocharian reaffirmed in late April Armenia's intention
    to replace Metsamor's sole Soviet-era reactor, which is due to be
    decommissioned by 2016, by a new, modern facility meeting Western
    safety standards. "I think that as early as in 2012-2013 active work
    will be implemented for a new nuclear power plant," he told university
    students in Yerevan.

    Sergey Kirienko, head of Russia's Federal Agency on Atomic Energy
    (Rosatom), visited Yerevan around that time and discussed the
    matter with Kocharian and other Armenian officials. Deputy Energy
    Minister Areg Galstian said afterwards that the Russian-Armenian
    inter-governmental commission on economic cooperation has set up a
    working group tasked with looking into the project.

    A senior American diplomat said in June that the United States
    is also ready in principle to help Yerevan put the project into
    practice. "We are working with the Armenian Ministry of Energy
    to develop a feasibility study as to just what would be the best
    replacement for this capacity," Anthony Godfrey, then U.S. charge
    d'affaires in Armenia, said.

    The Armenian authorities have said all along that Metsamor, which
    meets about 40 percent of the country's electricity needs, will be
    shut down only they find an alternative source of cheap energy.
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