North-South Energy Corridor Agreement Signed by Armenia, Russia, Iran and Georgia

YEREVAN (ARKA)—Energy ministers of Armenia, Russia, Iran, and the deputy energy minister of Georgia have signed a “road map” for building the North-South Energy Corridor during a meeting in Yerevan on Wednesday.

Turkey wants nuclear plant in Armenia to be shut down

The Metsamor nuclear power plant in Armenia is outdated and should be urgently closed down, Turkish Energy Minister Taner Yıldız has said, re-voicing concerns about the safety of the plant.   

Speaking with reporters during a visit to the Turkish province of Iğdır near Turkey’s eastern border on March 21, Yıldız said Turkey had sent an official appeal to the International Atomic Energy Agency concerning the shutdown of the plant.

“The nuclear plant, which was put online in 1980, has had a lifespan of 30 years. This plant has expired and should be immediately closed,” Yıldız said.

Russia, Azerbaijan Agree on Oil, Gas JV as Putin Visits Baku.

MOSCOW, August 13 (RIA Novosti) – The Russian and Azerbaijani state oil companies on Tuesday agreed to establish a joint venture on a parity basis to prospect and produce oil and gas in Russia and Azerbaijan and in other countries as Russian President Vladimir Putin paid a one-day working visit to Baku.
Energy Cooperation During Putin’s visit – designed to discuss a wide range of bilateral issues, including trade, energy, transportation and the Nagorno-Karabakh conflict – Rosneft reported that it had also agreed with the State Oil Company of Azerbaijan Republic (SOCAR) to jointly use some pipelines and terminals to optimize supplies to consumers.