Russia goes nuclear in Europe
Published: 16 April, 2008, 14:49
Russia's state nuclear corporation, Rosatom, is inviting international bids to build a nuclear power plant in Kaliningrad, Russia’s enclave in the Baltics. The company is ready to offer a stake of up to 49 per cent in the project, which will cost 5 billio
European firms are likely to win additional orders for up to half of the plant’s equipment.
Rosatom boss Sergey Kiriyenko says initial talks have already been held with European suppliers.
An agreement on the construction of the nuclear plant was signed on Wednesday between Rosatom and the government in Kaliningrad.
Government raids coffers to keep banks afloatThe government has started using billions of dollars from Russia’s stabilisation fund to soften the impact of the global credit crunch at home. |
Gazprom aims to pump African gas to EuropeGazprom is in talks with Nigeria about participating in a multi-billion dollar project to pipe Nigerian gas to Europe across the Sahara. Company chief Alexei Miller announced that the talks were ongoing while on a business visit to Libya. |

