Egypt and Russia agree to build nuclear reactors

10 February 2015

Egypt and Russia have agreed to build a nuclear power plant together and officials from both countries have signed a memorandum of understanding on the proposed project.

Egypt's president, Abdel-Fattah el-Sissi, announced the plan during a joint press conference in Cairo with Russian President Vladimir Putin who is on a state visit to Egypt.

Within the framework of the visit, Russian state nuclear corporation Rosatom and the Egyptian Ministry of Electricity and Renewable Energy "agreed to launch detailed discussions on the prospective project," Rosatom said in a statement.

Rusatom Overseas and Egyptian Nuclear Power Plants Authority have signed a project development agreement for a nuclear power plant with a desalination facility.

Sergey Kirienko, Rosatom director general, said the agreement provides for the construction of two nuclear power units, with the prospect of a further two.

"In a very short period of time, we need to prepare for the signing of two intergovernmental agreements - one on nuclear power plant construction and one on financing. During the negotiations, we have been set the task to perform at maximum speed, and Rosatom is ready for that."

Researched and written
by World Nuclear News