Rosatom Eyes Iran Energy Projects

Rosatom Eyes Iran Energy Projects

Russia’s atomic energy corporation Rosatom is working on several new joint projects with Iran, the company's deputy director general for international affairs, Nikolai Spassky, said. He added that “laying the foundation stone” in Iran’s Bushehr-2 Nuclear Power Planat is expected to take place this year, Sputnik reported. “We already have several new projects which are important for the industry,” Spassky said as quoted by the company’s annual review. In 2014, Iran and Russia agreed on building two new nuclear reactors on the site of Bushehr, starting in fall 2015. Investments are estimated to total $11 billion. The project is expected to be built via Russian finance under a turnkey contract, based on which the contractor will complete the project and hand it over. Tehran-Moscow cooperation in the power plant industry stretches back to 1995, when Russian contractors took over Bushehr Nuclear Power Plant from the Germans. The power plant continued to face technical and financial obstacles, but it officially went on stream in September 2011 and reportedly reached full capacity in mid-2014.


Short URL : http://goo.gl/BzBkB4
  1. http://goo.gl/pa2fbE
  • http://goo.gl/TQRFav
  • http://goo.gl/0hAvL6
  • http://goo.gl/gM0XeQ
  • http://goo.gl/MtHDSP

You can also read ...

All renewable sources, including solar and wind, make up only a fraction of Iran's installed power generating capacity.
With a national energy system that chiefly runs on fossil...
NIOPDC Details Diesel Export to Iraqi Kurdistan
The National Iranian Oil Products Distribution Company in...
Oil Rises Nearly 1%
Oil prices ended nearly 1% higher on Friday, close to their...
Total won six offshore exploration licenses for the Gulf of Mexico in August.
French Total has expanded its presence in the Gulf of Mexico...
Russia Open to OPEC Cuts While Mulling Exit Plan
Russia signaled that it would be willing to prolong the...
Iran's Light Crude Hits $54
Iran's light crude extended its rally to $54 per barrel in the...
Merkel’s Green Energy Policy Has Fueled Demand for Coal
By 2030, the eastern German town of Poedelwitz will likely be...
Sri Lanka, China Discuss $3b Refinery
Sri Lanka is in talks with two Chinese companies about...