Russia’s state nuclear corporation Rosatom intends to implement a project to build a nuclear power plant (NPP) in Armenia “as soon as possible,” according to Russian Deputy Foreign Minister Mikhail Galuzin.
In comments to the Russian newspaper Izvestia, Galuzin said the company is prepared to promptly move forward with the initiative, taking into account the preferences of the Armenian side.
“Rosatom is ready to begin implementing the project in the shortest possible time, of course, with due regard for the wishes of our Armenian friends,” Galuzin stated.
He emphasized that, in Moscow’s view, there are no real alternatives that can match Russia’s offer in terms of proven and reliable technologies, as well as the attractiveness of financial parameters.
“No real alternatives are visible from the standpoint of the availability of dependable, already tested technologies, as well as the appeal of the financial terms — including construction, subsequent operation, and the need for training and retraining specialists,” he added.
The statement comes shortly after Armenia and the United States signed a Joint Statement on the Conclusion of Negotiations on an Agreement on Cooperation in the Peaceful Uses of Nuclear Energy, known as a “123 Agreement.” The document was signed by Armenian Prime Minister Nikol Pashinyan and US Vice President JD Vance.
Speaking at a joint press conference, Prime Minister Pashinyan said the agreement would open “a new chapter” in bilateral energy cooperation and contribute to the diversification of Armenia’s energy resources through safe and innovative technologies.
Vance noted that the deal could pave the way for civil nuclear contracts between American and Armenian companies, including projects involving small modular reactors, alongside significant export and long-term support potential from the United States.
