Nuclear: Jordan signs Usd 10 billion deal with Russia

To construct a nuclear power plan with two reactors

25 March, 20:37

    Jordan signs Usd 10 billion deal with Russia to construct nuclear power plan (archive material) Jordan signs Usd 10 billion deal with Russia to construct nuclear power plan (archive material)

    (ANSAmed) - AMMAN - Jordan and Russia signed on Tuesday a $ 10 billion deal to construct nuclear power plan with two reactor of total output of 2000 megawatts, officials announced.
    The agreement was signed in Amman by Jordan's nuclear commission Chief, Umaya Toukan and CEO of Russian Rosatom, Sergei Kiriyenko, on behalf of the Russian government. Toukan said the deal sets the legal and political framework to support the project and identify the general principles of cooperation between Jordan and Russian.
    Jordan will own a controlling stake of 50.1 percent, whereas Russia will contribute 49.9 percent of the project's total cost.
    The deal stresses the two countries' commitment to supporting the project and includes details on the plant's nuclear fuel and nuclear waste treatment. Jordan said the deal will see Jordan return spent fuel to Russia and implement local regulations in running the plants.
    Officials said Russia will turn into a strategic partner for the kingdom in nuclear projects, providing technical expertise, research aid and nuclear fuel for the reactors, according to Petra news Agency.
    The peaceful nuclear plant is expected to provide the kingdom with badly needed energy source after the kingdom's population has grew in the past years as a result of an influx of refugees from across the region. Jordan imports most of its fuel needs and has suffered as a result of fluctuating fuel prices. (ANSAmed).

    © Copyright ANSA - All rights reserved

    Business opportunities

    The information system of business
    opportunities abroad

    News from Mediterranean