Armenian MPs pass law on building depot for used nuclear fuel

Arminfo
25 May 05

YEREVAN

The Armenian parliament today adopted in its third and final reading a
draft law giving permission to the Armenian Nuclear Power Station
closed-type joint-stock company to build a depot for used nuclear
fuel.

Armenian Energy Minister Armen Movsisyan, who presented the bill, said
that at present the delivery to Russia and processing of 1 kg of
nuclear fuel used by the Armenian Nuclear Power Station will cost
2,000 dollars. In addition, in the future Armenia might develop
technologies to produce power from used nuclear fuel.

The depot is designed to store used nuclear fuel for 50 years, after
which the depot will be inspected.

The minister also noted that used nuclear fuel loses 70 per cent of
its radioactivity in the first few years, but fully only over 130
years. The construction of the depot is to cost 10m euros.

[Passage omitted: minor details]