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Armenia, Russia dissolve contract on trust management of NPP

14:56, 29.03.2012 Region: Armenia, Russia Theme: Economics

Russian energy company Inter RAO UES (RTS: IRAO) and Armenia’s Energy and Natural Resources Ministry have signed an agreement to dissolve the contract for trust management of Armenian NPP, Interfax reports referring to Inter RAO source.

The contract was terminated early because Inter RAO has fully performed its obligations to settle the NPP’s debts, including for fuel supplies, the source said.

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