Thursday, November 2 2017 16:04

Karen Karapetyan: Armenia`s nuclear power plant will operate till 2027

Karen Karapetyan: Armenia`s nuclear power plant will operate till 2027

ArmInfo.The Armenian NPP  will operate until 2027. Prime Minister of Armenia Karen Karapetyan  stated this at a press conference.

He assured that the operation of the Armenian NPP meets safety  standards, and there are ongoing works on its modernization. "Armenia  was and will remain a country with nuclear power," Karapetyan said.

The Armenia-EU framework agreement, in particular, refers to the  importance of compliance with the IAEA standards at a high level. It  is also said about the closure and safe decommissioning of the  nuclear power plant in Metsamor and cooperation on the previously  adopted road map or action plan, taking into account the need to  replace nuclear power plants with new opportunities to ensure  Armenia's energy security.

The demand to close the ANPP is not new for the Armenian side. Back  in 1999, the EU insisted on the closure of the second power unit of  the ANPP by 2003. However, after the relevant negotiations, an  amendment was introduced to this requirement, which read "until the  creation of the appropriate capacity." In 2013, head of the EU  delegation to Armenia Traian Christie stressed that the issue of  exploitation of the Armenian nuclear power plant is one of the main  issues on the agenda of Armenia-EU relations. In 2014, the European  Commission again urged Armenia to close the nuclear power plant as  soon as possible, as reflected in the European Commission's report on  Armenia in the program of the European Neighborhood Policy. In 2015,  the same Traian Christie reiterated that the early closure of the  Armenian nuclear power plant and its decommissioning remained the  main goal of the European Union. Despite its demands, the EU  continued and continues to provide technical and financial assistance  to the Armenian Nuclear Power Plant, aimed at improving the safety of  the second power unit. According to various estimates, this  assistance varies from 70 to 90 million EUR. In addition, the EU  offered 200 million EUR for the closure of the ANPP, but the Armenian  side rejected this proposal, considering these volumes insufficient  to ensure the country's energy security.

Touching upon this, in an interview with RIA Novosti Armenian  President Serzh Sargsyan stated that the discussions on the closure  of the Metsamor nuclear power plant are artificially initiated and  have nothing to do with reality. "In the draft agreement with the EU,  this item was formulated by default (meaning the objective lifetime  of the Metsamor nuclear power plant.) The Armenian government decided  to extend the life of the Armenian nuclear power plant in March 2014.  The NPP will be extended through the Russian state export credit in  the amount of $ 270 million and a grant of $ 30 million.Today,  together with the state corporation Rosatom, the work on the  implementation of the extension program operation of the second power  unit of nuclear power plants It is important to note that the NPP  operates in full compliance with the IAEA criteria, and this is the  conclusion of international specialized agencies. Measures to enhance  project and operational safety and modernization are being  implemented, so that Metsamor NPP will last until 2027. We believe  that nuclear power will always be present in Armenia for its  security, primarily energy," he said.

The Armenian nuclear power plant consists of two units with Soviet  (Russian) WWER reactors. The first unit was commissioned in 1976, the  second - in 1980. In March 1989, after the Spitak earthquake, which  killed 25 thousand people, the station's work was stopped. In  November 1995, in connection with the most acute energy crisis, the  second power unit of the station with a capacity of 407.5 MW was  involved. In March 2014, the Armenian government decided to extend  the life of the second power unit by 10 years - until 2026. The  project is coordinated by the subsidiary structure of the State  Corporation Rosatom - JSC Rusatom Service. Completion of work is  planned for 2019. The Government of the Russian Federation allocated  a $ 270 million state export loan to Armenia and a $ 30 million grant  for these purposes. In March 2015, the Joint Coordination Committee  (JCC) was established to implement the program. So far, there have  been five meetings of the JCC.

POST A COMMENT
Input digits     


News
Number of plastic cards up as capital relocated to Armenia Number of plastic cards up as capital relocated to Armenia 
AMD 4,248,945 to AMD 4,248,945 to "QaylTech": The August beneficiary of "The Power of One Dram" is "The Rehabilitation City of Heroes" - psychological rehabilitation center
Airlines, hotels, banks, rental and leasing sectors registered  significant increase in service volumes in ArmeniaAirlines, hotels, banks, rental and leasing sectors registered  significant increase in service volumes in Armenia
Cargo traffic down, passenger traffic up in Armenia in first half,  2022Cargo traffic down, passenger traffic up in Armenia in first half,  2022
Growth of trade sector was facilitated by increase in activity in  wholesale and car trade marketsGrowth of trade sector was facilitated by increase in activity in  wholesale and car trade markets
4.5% increase in proceeds of Armenia`s communication sector in first  half 20224.5% increase in proceeds of Armenia`s communication sector in first  half 2022
188,856 tourists visit Armenia this July188,856 tourists visit Armenia this July
Accelerated growth of Armenian industrial sector was driven by  processing industryAccelerated growth of Armenian industrial sector was driven by  processing industry
Veolia Djur proposes to raise water tariff in ArmeniaVeolia Djur proposes to raise water tariff in Armenia
State Revenue Committee of Armenia starts active administration in  pursuance of law State Revenue Committee of Armenia starts active administration in  pursuance of law " On Non-Cash Transactions"
Armenia`s premier calls for revising economic programmes Armenia`s premier calls for revising economic programmes 
EDB to allocate $25 million to implement Armenia`s largest livestock  programEDB to allocate $25 million to implement Armenia`s largest livestock  program
Double-digit growth in economic activity in Armenia is accompanied by  surge in imports and exportsDouble-digit growth in economic activity in Armenia is accompanied by  surge in imports and exports
Armenian business forum to be held in Yerevan for second timeArmenian business forum to be held in Yerevan for second time
Production of aluminum foil in Armeniaincreased by 8% in June 2022Production of aluminum foil in Armeniaincreased by 8% in June 2022
Metallurgy industry of Armenia sums up H1 2022 with a 7% declineMetallurgy industry of Armenia sums up H1 2022 with a 7% decline
EDB: Armenia ranks first among member countries with small economies  in current investment portfolio of EDB EDB: Armenia ranks first among member countries with small economies  in current investment portfolio of EDB 
EADB to allocate $37mln for construction of 11 solar power stationsEADB to allocate $37mln for construction of 11 solar power stations
Apartments in Yerevan rose in price by 5.4% in Q2, with increase in  transactions for their purchase and sale by 30.8%Apartments in Yerevan rose in price by 5.4% in Q2, with increase in  transactions for their purchase and sale by 30.8%
 Further rise in food prices in Armenia  Further rise in food prices in Armenia 
Loan payoff with another bank via AppLoan payoff with another bank via App
Deputy Minister: 12 more lanes added to 13 existing lanes of Upper  Lars checkpointDeputy Minister: 12 more lanes added to 13 existing lanes of Upper  Lars checkpoint
Ferry communication to be launched this month - minister Ferry communication to be launched this month - minister 
Armenia is among the TOP-5 destinations for Russian tourists this  autumArmenia is among the TOP-5 destinations for Russian tourists this  autum
Austria to invest in Armenia`s SyunikAustria to invest in Armenia`s Syunik
Gyumri Breeding Station reports three-fold growth in barley output Gyumri Breeding Station reports three-fold growth in barley output 
CBA: In February-June 2022, demand deposits of non-residents  increased significantly in Armenian banksCBA: In February-June 2022, demand deposits of non-residents  increased significantly in Armenian banks
CBA: High demand leads to the expansion of the inflationary  environment and maintenance of high inflation expectations, but dram  appreciation partially neutralizes the price increaseCBA: High demand leads to the expansion of the inflationary  environment and maintenance of high inflation expectations, but dram  appreciation partially neutralizes the price increase
Minister: The share of the mining industry in the total volume of  Armenia`s exports has decreasedMinister: The share of the mining industry in the total volume of  Armenia`s exports has decreased
Statistical data, real situation in agricultural sector different -  minister Statistical data, real situation in agricultural sector different -  minister 
FLYONE ARMENIA launches flights to Domodedovo International AirportFLYONE ARMENIA launches flights to Domodedovo International Airport
Armenia, Iran deepen cooperation in mining industryArmenia, Iran deepen cooperation in mining industry
CBA raises refinancing rate from 9.25% to 9.5% CBA raises refinancing rate from 9.25% to 9.5% 
23.9% rise in petrol prices in Armenia in first half of 2022 23.9% rise in petrol prices in Armenia in first half of 2022 
Armenia meets Russia`s brand demandArmenia meets Russia`s brand demand
Armenia is not ready to open the land border with Turkey: ExpertArmenia is not ready to open the land border with Turkey: Expert
Armenia, Qatar discuss possible areas of bilateral cooperationArmenia, Qatar discuss possible areas of bilateral cooperation
Massive arrival of Russians to Armenia, along with movement of their  capital, ensured 7-multifold increase in net inflow of remittances  from Russia in Q2 2022Massive arrival of Russians to Armenia, along with movement of their  capital, ensured 7-multifold increase in net inflow of remittances  from Russia in Q2 2022
Ardshinbank offers a new type of loan for small and medium enterprises.Ardshinbank offers a new type of loan for small and medium enterprises.
Armenia among priority partners of Austrian Development AgencyArmenia among priority partners of Austrian Development Agency
International reserves of Armenia reaches historical maximum by July  2022International reserves of Armenia reaches historical maximum by July  2022
More funds for government-sponsored medical services More funds for government-sponsored medical services 
South Caucasus Railway delivers production equipment from Yerevan to  KrasnodarSouth Caucasus Railway delivers production equipment from Yerevan to  Krasnodar
4% inflation expected in Armenia in medium-term 4% inflation expected in Armenia in medium-term 
Ameriabank leads in list of largest taxpaying banks in ArmeniaAmeriabank leads in list of largest taxpaying banks in Armenia
Armenia`s communication companies pay 25% less as taxes to budget in  1st half of 2022Armenia`s communication companies pay 25% less as taxes to budget in  1st half of 2022
Over 500 Armenian servicemen to benefit from soft lending programmeOver 500 Armenian servicemen to benefit from soft lending programme
Washington to allocate $120mln to Armenia for democratic development,  economic stabilityWashington to allocate $120mln to Armenia for democratic development,  economic stability
17.1% increase in food prices significantly affected low-income  citizens of Armenia - study17.1% increase in food prices significantly affected low-income  citizens of Armenia - study
Armenia, Ethiopia consider development of cooperation in e-governance  and technology educationArmenia, Ethiopia consider development of cooperation in e-governance  and technology education
Armenian assets of GeoProMining Group of Compaines significantly  increase payments to state budgetArmenian assets of GeoProMining Group of Compaines significantly  increase payments to state budget
Vardan Aramyan pointed to risks for Armenia`s GDP and loss of  potential of Russian economy amid IMF`s Vardan Aramyan pointed to risks for Armenia`s GDP and loss of  potential of Russian economy amid IMF`s "Gloomy and More Uncertain"  forecast
Armenia`s vice-premier hosts AMD company vice-presidents Armenia`s vice-premier hosts AMD company vice-presidents 
MFA: Sanctions against Russia have their negative direct or indirect  impact on Armenia`s economic development MFA: Sanctions against Russia have their negative direct or indirect  impact on Armenia`s economic development 
Mirzoyan, Lipavsky note need to fully realize potential of trade and  economic bilateral relationsMirzoyan, Lipavsky note need to fully realize potential of trade and  economic bilateral relations
Zangezur Copper-Molybdenum Combine topped list of taxpayers in  Armenia in H1 2022Zangezur Copper-Molybdenum Combine topped list of taxpayers in  Armenia in H1 2022
Converse Bank completes distribution of bonds ahead of scheduleConverse Bank completes distribution of bonds ahead of schedule
Armenia implements intellectual property development strategyArmenia implements intellectual property development strategy
Iran successfully expands trade with Armenia: Iran TPO headIran successfully expands trade with Armenia: Iran TPO head
Converse Bank offers new loans to SME’sConverse Bank offers new loans to SME’s
Read more


Exchange rates
11.08.2022
RUB6.70-0.01
USD406.090.31
EUR419.784.30
GBP495.674.92
CAD318.132.94
JPY30.630.57
CNY60.320.30
CHF431.413.82