News

Done Deal: Egypt and Russia Sign Nuclear Agreement

Done Deal: Egypt and Russia Sign Nuclear Agreement

Photo: AFP
Photo: AFP

The Egyptian and Russian nuclear authorities signed Thursday the agreement to establish the Dabaa nuclear power plant, nine months after the project was first announced.

President Abdel Fattah El-Sisi attended the ceremony where Egypt’s Nuclear Power Plants Authority and Russia’s Rosatom Corporation signed the deal. Rosatom is assigned to build the new nuclear power plants.

El-Sisi and his Russian counterpart Vladimir Putin had agreed on the nuclear cooperation in February of this year during Putin’s visit to Egypt.

The Project Development Agreement signed that day provides for the construction of two nuclear power units, while on the whole it is planned to construct four units, Director General of Rosatom Corporation Sergey Kirienko stated following the presidents’ joint declaration. Another four units are currently up for an international tender.

Rosatom is the Russian Federation’s national nuclear corporation. It has been operation for 70 years and provides nuclear services that range from uranium enrichment to nuclear waste treatment.

On Friday, El-Sisi met with Kirienko to discuss the financial and technical requirements to construct the nuclear plant.

Construction of the nuclear plant is scheduled to commence in 2016 and will be completed by 2020. The nuclear plant is expected to produce 9,600 megawatts of electricity for Egypt.

Egypt Allocates EGP 175 Million to Boost Airport Security
Britain Working 'Actively and Urgently' to Resume Flights to Egypt's Sharm El-Sheikh

Subscribe to our newsletter


News

More in News

22.jpg.crop_display

Cairo Court Lists Egyptian Football Legend Aboutreika on Terror List

Egyptian StreetsJanuary 19, 2017
32385636795_e6f5d7101d_z

Egypt Secure Spot in Knockout Stage at 2017 Handball World Championship

Egyptian StreetsJanuary 19, 2017
1073779_big-lnd

Egypt’s Essam El-Hadary Makes African Cup History

Egyptian StreetsJanuary 18, 2017
pol

Eight Policemen Killed in Attack in Egypt’s New Valley

Egyptian StreetsJanuary 17, 2017
Tiran Island

Egypt High Court Declares Void Transfer of Tiran and Sanafir to Saudi Arabia

Egyptian StreetsJanuary 16, 2017
Top-best-hd-wallpapers-dubai-skyline-hd-wallpapers-imagen-by-balamuda

Egyptians Invest EGP 13 Billion in Dubai Real Estate in 2016

Egyptian StreetsJanuary 15, 2017
A pharmacist searches for medicine at a pharmacy in Cairo, Egypt, November 17, 2016. REUTERS/Mohamed Abd El Ghany

Medicine Prices in Egypt Increased by up to 20%

Egyptian StreetsJanuary 13, 2017
Navy officers appear to be handing out water bottles to a group of refugees who were prevented from illegally migrating in September 2015. Credit: Military Spokesman

Egypt Prevents 12,192 from Illegally Migrating in 2016

Egyptian StreetsJanuary 12, 2017
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2016 ES Media UG. All Rights Reserved.