Armenia should have diversified energy system – Nikol Pashinyan

YEREVAN, JANUARY 31, ARMENPRESS. Alternative energy develops in Armenia at a fast pace, which is a very important sector for our economy, Prime Minister of Armenia Nikol Pashinyan said in a meeting with the Armenian community in Cologne, answering the questions of the representatives of the Armenian community, reports the correspondent of ARMENPRESS from Germany.

“We are implementing a project aimed at prolonging the exploitation term of Metsamor Nuclear Power plant. This process is implemented under the supervision of the IAEA. It’s not only our experts who say that there is a potential to prolong its exploitation term, but also the international specialists say that”, Pashinyan said, emphasizing that nuclear energy is very important for Armenia.

“Of course, Armenia is also interested in having a new nuclear power plant. It’s a matter of discussion to find out if it’s realistic or not amid numerous factors. We discuss that issue with circles, companies and countries interested in that. At the same time you know that today alternative energy develops in Armenia at a fast pace. It’s also a very important direction for our economy. Our general strategy is that our energy should be diversified and we should not depend on one source of energy, be it nuclear power, hydropower or thermal power.

In the sidelines of my visit to Germany we discuss a project with KfW Bank, which is of regional importance. We try to make Armenia a transit country for energy and make it a full part of at least regional energy system”, the PM announced.

Edited and translated by Tigran Sirekanyan