THOUGH URANIUM BECAME MORE EXPENSIVE RUSSIA TO SUPPLY ARMENIAN NPP WITH FUEL AT SAME PRICE

Though uranium became 40% expensive at the world market Russia will deliver fuel for the Armenian NPP at the same price, Inter RAO UES CJSC Director General deputy and International Energy Corporation Director General Mikahil Mantrov told Arka agency. In his words, the cost of the contract for supplying the Armenian with raw nuclear fuel comprised about $12 million, what is equal to the last year’s. The new consignment of fuel will be delivered to the station this summer. In Mantrov’s opinion, with adequate financing the Armenian NPP can function at least till 2016. According to him, the plant being in operational status meets MAGATE requirements. Moreover, Matrov says, besides Georgia, export of Armenian energy to Turkey and Iran is rather promising as well.