Russia to extend US$270m export credit to Armenia for extending nuclear power operation

Thursday, December 4, 2014

(Armenian News, Yerevan, 19 November 2014) Armenia has approved a proposal for the extension of an Armenian-Russian intergovernmental agreement on cooperation extending the operation of the 2nd power unit of the Armenian nuclear-power plant (NPP). Armenia’s Minister of Energy and Natural Resources Yervan Zakharyan noted that, under the agreement, Russia is to extend a $270m export credit to Armenia.

Armenia said Sept. 13 it would extend the life of its ageing nuclear power plant, despite safety concerns over the Soviet-era facility in an active seismic zone.

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Russian, Armenian leaders to talk trade, energy, Caucasus

Wednesday, October 22, 2008

MOSCOW, October 21 (RIA Novosti) - Russian President Dmitry Medvedev will discuss trade, energy and conflict in the South Caucasus with his Armenian counterpart, Serzh Sargisyan, at talks in Armenia on October 21, a Kremlin official said.

Bilateral trade grew 13%, year-on-year, in the first eight months of 2008 to reach $536.5 million, the Kremlin said earlier. Russia is a leading trade partner of Armenia and is one of the biggest investors in the country's economy, with accrued investment from Russia topping $1.6 billion from 1991 to July 1, 2008.

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Armenians observe Kansas nuclear disaster drill

Friday, October 3, 2008

TOPEKA, Kan. (AP) -- Armenian officials hoping to learn how best to respond to a nuclear plant accident watched a drill in Kansas on Thursday.

The Armenians said they will use what the learn when they test their own response capabilities in December, though they expressed confidence that their nuclear power plant was safe and reliable.

"The power plant survived the earthquake in 1988," said Maj. Gen. Aram Tananyan, deputy director of the Armenian Rescue Service, after watching the exercise. "What we have seen is very interesting to us."

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US, Armenia to upgrade Armenian capabilities against nuclear smuggling

Wednesday, July 16, 2008

The United States and Armenia have agreed to cooperate against the smuggling of nuclear and radioactive materials.

US Secretary of State Condoleezza Rice and Armenian Foreign Minister Edward Nalbandian signed the agreement in what is called a "joint action plan" that makes the cooperation activities official.

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Armenia to set up uranium prospecting joint venture with Russia

Friday, March 7, 2008

YEREVAN, March 6 (RIA Novosti) - The Armenian government authorized on Thursday the establishment of a joint venture with Russia for the additional prospecting of uranium deposits in the South Caucasus republic.

Russia's state nuclear corporation Rosatom and the Armenian environmental ministry agreed in February to set up a joint venture on a parity basis for the additional prospecting of Armenian uranium, which will be enriched in a specialized international center in Angarsk, East Siberia.

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Russia plans bid to build nuclear plant in Armenia

Thursday, February 7, 2008

YEREVAN, Feb 6 (Reuters) - Russia said on Wednesday it will bid in a tender to build a nuclear power station in Armenia to replace an ageing Chernobyl-style plant that has provoked safety concerns.

Armenia, which imports most of its energy, has said it will close down its Soviet-built Metzamor nuclear reactor, which supplies up 40 percent of the country's power, only when it can add new generating capacity. The government said last year it would hold a tender to build a new 1,000 megawatt reactor at the site near Yerevan, which could be ready by 2016.

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Armenia to Close Nuclear Plant

Friday, November 30, 2007

YEREVAN, Armenia (AP) -- Armenia approved a plan Thursday to shut down its lone nuclear power plant, following years of pressure from foreign nations concerned about its Soviet-era design and safety.

The government gave no date for closing the Medzamor reactor, located about 20 miles west of the capital, Yerevan. The 27-year-old plant, which supplies nearly half the country's electricity, halted operations after a 1988 earthquake but was restarted during an energy shortage in 1995.

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Armenia to build new reactor at its nuclear power plant

Wednesday, November 7, 2007

24.10.2007, 20.55

YEREVAN, October 24 (Itar-Tass) -- Armenia has made a decision to build a new unit at the operating nuclear power plant to replace the one to be decommissioned, Energy Minister Armen Movsesyan said.

“An alternative to the nuclear power plant in Armenia could be only a new nuclear unit that will meet current safety and security requirements,” the minister said in an interview with the Voice of Armenia newspaper on Wednesday.

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EU pushes closure of Armenian NPP for security and safety reasons

Friday, September 28, 2007

NEW YORK - Euroatom is ready to provide Armenia with a EUR 200m preferential loan to close down the Armenian nuclear power plant, said Gunnar Wiegand, of the European Commission’s on department for Eastern Europe, South Caucasus and Central Asia told reporters in Yerevan Thursday, reported.

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