Armenia Hints at U.S. Role in Replacing Its Most Critical Power Plant

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Armenia is leaning towards selecting an American company to build a new nuclear reactor, potentially replacing the Russian-built Metsamor facility, with a modular design.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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As US Vice President JD Vance prepares to visit the Caucasus, Armenia is sending signals that it is leaning toward selecting an American company to build a new nuclear reactor to replace the antiquated, Russian-built Metsamor facility. Armenia's minister of territorial administration and infrastructure, David Khudatyan, told journalists on February 3 that the government has decided the new nuclear plant would have a modular design. That is good news for the United States, which is widely recognized as the global leader in modular…

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Original article published by OilPrice.com on February 5, 2026.
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