BELARUS NEWS AND ANALYSIS

DATE:

11/06/2007

Belarus signs pact for nuclear equipment

MINSK, Belarus, June 11 Russia's Eximbank is ready to offer $2 billion to finance a nuclear plant in Belarus, the Russian ambassador to the country said.

The line of credit would be used to buy material from Power Machines, which manufactures nuclear power plant equipment, Interfax reported Monday. Russian ambassador Alexander Surikov said during a news conference in Minsk the Belarusian Energy Ministry signed a one-year contract with Power Machines.

Belarus officials said the country was planning to commission the plant's first unit in 2016-17 and the second in 2020.

The price of the project is between $3 billion and $4 billion

Source:

http://www.earthtimes.org/articles/show/71533.html