Wednesday, December 13 2017 16:49
Naira Badalian

Andrei Babko: To prove the expediency of having an atomic power plant or to agree with the arguments of the EU is up to Armenian authorities

Andrei Babko: To prove the expediency of having an atomic power plant or to agree with the  arguments of the EU is up to  Armenian authorities

ArmInfo. The Armenian government will find the right reasons for colleagues from European  Union regarding the demand for closure of the Armenian Nuclear Power Plant (NPP). This,  responding to the question of  ArmInfo, was stated  by  Andrei Babko, the Russian Trade  Representative in Armenia.  

According to the Russian Trade Representative, the issue of closing or maintaining nuclear power  plants should be resolved at the  expert level. "It's impossible to just close the nuclear power  plant, because the EU demands it. It's impossible." What will you stay with? "Babko asks. In any  case, according to the trade representative, the issue of the closure of the nuclear power plant in  Metsamor is within the competence of the Armenian government and it will negotiate with the  EU. To prove the expediency of having an atomic power station or to agree with the arguments  of the EU, the case of the Armenian authorities, he said.

At this stage, as the expert reminded, the process of modernization of the unit of the Armenian  NPP is being implemented in order to extend the period of its operation. Russia has already  provided Armenia with a loan of $ 270 and $ 30 million of grant funds for this. In addition, there  is a second project, not yet supported by investments - the construction of a new nuclear power  plant in Armenia. 

"Everyone understands that everything has its terms, including the operation of the nuclear  power plant, but believe me, the extension of the second power unit's lifetime is safe and after,  when the investment is found, a new station will be built," he said. At the same time, as for  today Andrei Babko refrained from answering the question whether the Russian side will invest in  the construction of a new nuclear power plant. "And so many colleagues in Armenia say that  Russia has gone too far into Armenia with its investments, enterprises - we do not need it.  Everything should be done accurately, as the Armenian economy requires. If Armenia needs an  NPP, let's consider, we need investments, let's will consider investments, "he said.

Meanwhile  Andrei Babko once again stressed  that nuclear energy is the cheapest and safest.  The Russian "Rosatom", he noted, is building many nuclear power plants around the world. "If  they were bad and dangerous, different countries would not build nuclear power plants," he said. At the same time, referring to the extent to which Armenia is advisable to build a new nuclear  power plant, Andrei Babko noted that in principle, the republic - an energy-rich country - is a  mass of HPPs, stations that can operate on the supplied gas. Nevertheless, according to Babko,  after building Iran-Armenia Iran, more electricity will be required. "Armenia, being an energy- rich country, has a perspective on electricity export, in this respect Armenia is interested in  having a nuclear power plant," he concluded.

It should be noted that on November 24 Armenia signed an agreement with the EU on Armenia's  comprehensive and expanded partnership with the European Union. Earlier, the draft of the  Armenia-EU framework agreement was published, where, in the part of the agreement on the  topic of nuclear safety, it is important to observe 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 for the closure of 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  Christiea 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 Trajan Christea 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 euros. In addition,  the EU offered 200 million euros for the closure of the ANPP, but the Armenian side rejected this  proposal, considering these volumes insufficient to ensure the country's energy security. In December 2014, an Agreement was signed between the Government of the Russian  Federation and the Government of the Republic of Armenia on cooperation in extending the life  of the power unit No. 2 of the Armenian Nuclear Power Plant. In February 2015, an agreement was signed on granting an export loan to finance the work to  extend the life of the ANPP. In June 2015, a contract was signed between Rusatom Service JSC  and "AAEK" CJSC for the performance of works, supplies and services for the extension of the life  of the power unit of the 2nd nuclear power plant.

Rusatom Service JSC  is included in the electric power division of the State Corporation of  Rosatom. The company provides foreign NPPs with WWER a full range of services and supplies  needed to ensure operation and repair. The company is present in almost all countries with  operating NPPs with WWER outside of Russia. In the markets of China, Iran, Bulgaria and  Armenia. Rusatom Service JSC occupies a leading position, being the general contractor for the  extension of the service life, the implementation of preventive maintenance and upgrading of the  equipment of the VVER NPP. In foreign markets, Rusatom Service JSC has formed a portfolio of  orders worth about $ 500 million.

POST A COMMENT
Input digits     


News
Expert: Armenia has every chance to become a key regional  hub for  innovative solutionsExpert: Armenia has every chance to become a key regional  hub for  innovative solutions
IDBank issues the 3rd, 4th and 5th tranches of bonds of 2025IDBank issues the 3rd, 4th and 5th tranches of bonds of 2025
ARMSWISSBANK Launches Mastercard World – A New Premium CardARMSWISSBANK Launches Mastercard World – A New Premium Card
Ministry of Economy: Compared to 2018, job numbers in Armenia  increased by 33.9%Ministry of Economy: Compared to 2018, job numbers in Armenia  increased by 33.9%
Illegal mining in Armenia`s Syunik causes AMD 63mln damage to public Illegal mining in Armenia`s Syunik causes AMD 63mln damage to public 
Rospotrebnadzor requested additional information from competent  authorities in Armenia regarding the reason for the ban of Eskimo ice  cream Rospotrebnadzor requested additional information from competent  authorities in Armenia regarding the reason for the ban of Eskimo ice  cream 
Pashinyan discusses steps for establishing a major AI data center in  ArmeniaPashinyan discusses steps for establishing a major AI data center in  Armenia
In June,  Armenia`s annual inflation rate increased to 3.9%  driven  by higher prices for food  and servicesIn June,  Armenia`s annual inflation rate increased to 3.9%  driven  by higher prices for food  and services
Armenian products to enter Cyprus and US markets: CIBRS announces National Warehouse program strategyArmenian products to enter Cyprus and US markets: CIBRS announces National Warehouse program strategy
European Investment Bank remains Armenia`s key partner in  infrastructure projects - MinisterEuropean Investment Bank remains Armenia`s key partner in  infrastructure projects - Minister
Armenian Parliament gives  Armenian Parliament gives  "green light" to nationalization of ENA
Armenia`s dividends from ZCMC $113mln since 2022Armenia`s dividends from ZCMC $113mln since 2022
Ardshinbank summed up the raffle organized for Mastercard Business cardholdersArdshinbank summed up the raffle organized for Mastercard Business cardholders
Armenia extends ban on export of scrap metal until Feb. 1 2026 Armenia extends ban on export of scrap metal until Feb. 1 2026 
62 trucks with Armenian brandy cross Russian border 62 trucks with Armenian brandy cross Russian border 
Armenia to fix tariff quota on individual types of goods imported  from Iran Armenia to fix tariff quota on individual types of goods imported  from Iran 
Narek Karapetyan: Almost all infrastructure companies, except for  ENA, have increased their tariffs for servicesNarek Karapetyan: Almost all infrastructure companies, except for  ENA, have increased their tariffs for services
EIB: Education is one of key areas of partnership between EU-Armenia EIB: Education is one of key areas of partnership between EU-Armenia 
Armenian Deputy Foreign Minister participates in  4th International  Conference on Financing for Development in SevilleArmenian Deputy Foreign Minister participates in  4th International  Conference on Financing for Development in Seville
Armenian Prime Minister, President of  Trafigura Group discuss  potential  cooperation  in mining sector  Armenian Prime Minister, President of  Trafigura Group discuss  potential  cooperation  in mining sector  
ADB to provide Armenia with EUR236 million for construction of  Sisian-Kajaran roadADB to provide Armenia with EUR236 million for construction of  Sisian-Kajaran road
Vassilis Maragos: EU willing to strengthen technological cooperation with Armenia through concrete stepsVassilis Maragos: EU willing to strengthen technological cooperation with Armenia through concrete steps
Ardshinbank at the Forefront of Digital Security: Sponsor and Participant of BugBounty 2025 EventArdshinbank at the Forefront of Digital Security: Sponsor and Participant of BugBounty 2025 Event
Armenia`s regulator  approved the sale of 100% of GNC-ALFA s shares  to Viva Armenia CJSCArmenia`s regulator  approved the sale of 100% of GNC-ALFA s shares  to Viva Armenia CJSC
 International Chamber of Commerce ready to assist Armenia in hosting COP-17 International Chamber of Commerce ready to assist Armenia in hosting COP-17
Armenia to extend ban on ferrous metal exportsArmenia to extend ban on ferrous metal exports
IDBank Opens a New Branch at Homplex MallIDBank Opens a New Branch at Homplex Mall
MONEYVAL experts to visit Armenia in September to assess work on money laundering control MONEYVAL experts to visit Armenia in September to assess work on money laundering control 
Goods traceability to be improved in Armenia Goods traceability to be improved in Armenia 
Vaharshapan and Khoi communities to be merged Vaharshapan and Khoi communities to be merged 
Armenian NA OKs ENA nationalization Armenian NA OKs ENA nationalization 
Viva celebrates 20th anniversary: Armenia`s high-tech industry  minister on reforms in Armenia`s telecommunication industry Viva celebrates 20th anniversary: Armenia`s high-tech industry  minister on reforms in Armenia`s telecommunication industry 
Economic diversification meets Armenia`s interests - Kaja Kallas Economic diversification meets Armenia`s interests - Kaja Kallas 
5.1% increase in number of jobs in Armenia 5.1% increase in number of jobs in Armenia 
AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000
Team Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  openedTeam Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  opened
Armenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSCArmenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSC
Armenia values development of  cooperation with Denmark in  high  technology and renewable energyArmenia values development of  cooperation with Denmark in  high  technology and renewable energy
ArmSwissBank: First in Armenia to Publish a Climate Transition PlanArmSwissBank: First in Armenia to Publish a Climate Transition Plan
Ucom Launches 5G Network in Abovyan and EjmiatsinUcom Launches 5G Network in Abovyan and Ejmiatsin
Armenia`s government to be entitled to approve new vehicle purchase support programmesArmenia`s government to be entitled to approve new vehicle purchase support programmes
WB appoints Fabrizio Zarcone as its new Country Manager for ArmeniaWB appoints Fabrizio Zarcone as its new Country Manager for Armenia
Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer 
Armenian president holds bilateral meetings in Spain Armenian president holds bilateral meetings in Spain 
RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism 
Populism being institutionalized in Armenia - ex-official Populism being institutionalized in Armenia - ex-official 
Samvel Karapetyan`s family starts investment dispute with Armenia Samvel Karapetyan`s family starts investment dispute with Armenia 
RA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpartRA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpart
Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions 
Export growth has been minimal in recent years: Luys FoundationExport growth has been minimal in recent years: Luys Foundation
Economy Ministe: Armenia  determined to realize its agricultural potential despite numerous challengesEconomy Ministe: Armenia  determined to realize its agricultural potential despite numerous challenges
Economist: Women in Armenia are more productive in business, but  their involvement remains lowEconomist: Women in Armenia are more productive in business, but  their involvement remains low
Customer Appreciation Day at IDBankCustomer Appreciation Day at IDBank
ENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a mythENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a myth
ENA to defend its rights within law - statement ENA to defend its rights within law - statement 
AraratBank Joins BAFT AssociationAraratBank Joins BAFT Association
No romanticism, businesses soberer now - Tigran Jrbashyan No romanticism, businesses soberer now - Tigran Jrbashyan 
More than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer servicesMore than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer services
Minister: 69 trucks with Armenian cognac heading to Russian borderMinister: 69 trucks with Armenian cognac heading to Russian border
Economy Minster  discussed upcoming tasks with  WB Country Office HeadEconomy Minster  discussed upcoming tasks with  WB Country Office Head
Read more
Exchange rates
04.07.2025
RUB4.88-0.01
USD384.26-0.20
EUR452.58-0.89
GBP524.44-0.77
CAD282.69-0.27
JPY26.62-0.11
CNY53.65-0.04
CHF484.14-0.98