Energy
0

US Economic Blockade Threatening Bushehr Nuclear Power Plant: AEOI

US Economic Blockade Threatening Bushehr Nuclear Power Plant: AEOI
US Economic Blockade Threatening Bushehr Nuclear Power Plant: AEOI

The Bushehr Nuclear Power Plant in the southern namesake city is in danger of being shut down because the US economic blockade on Iran's key sectors, namely banking, has made it hard to transfer money to purchase equipment, parts and fuel, a deputy at the Atomic Energy Organization of Iran said.
“The station is likely to stop operating this year as we struggle to keep the unit running due to the sanctions,” Mahmoud Jafari was quoted as saying by ISNA.
“Volatility in foreign exchange rates and the US restrictions have made it difficult to meet the reactor’s operational and maintenance needs pay the Russian contractors,” he said.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com