egypt russia expected to finalize nuclear deal
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Egypt, Russia expected to finalize nuclear deal

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleEgypt, Russia expected to finalize nuclear deal

President Vladimir Putin with President Abdel Fattah El-Sisi
CAIRO - Muslimchronicle

Egypt is expected to finalize contracts for its first nuclear power plant during a visit by Russian President Vladimir Putin starting Monday.
Egyptian President Abdel Fattah El-Sisi will sign the contracts with Putin, according to senior sources quoted by Reuters.
As per an agreement in 2015, Russia will finance and operate the plant in El-Dabaa, west of Alexandria.
Two large Russian nuclear power reactors with significant desalination capacity will be built. Russia is extending a loan to Egypt to cover the cost of construction.
Egypt’s official gazette last year said the loan was worth $25 billion, and would finance 85 percent of the value of each work contract, services and equipment shipping. Egypt would fund the remaining 15 percent.
Representatives from Russia’s State Atomic Energy Corp. Rosatom and Russian universities reportedly visited major Egyptian universities recently to explore means of employing Egyptians at the plant.
Egypt has wanted a nuclear plant since the 1960s, but for various reasons — including foreign political pressure and few energy shortages at the time — the plans were shelved.
But after several delays, Egypt and Russia agreed in 2015 that the latter would fund the project.
The deal commits the two countries to building a nuclear power station that will start operating in 2022 and satisfy about half of Egypt’s energy needs, officials said.
According to several studies, El-Dabaa is the most suitable location because it is less prone to earthquakes and has suitable weather conditions and groundwater movement, as well as sea currents and tides, Al-Ahram newspaper reported.
With a population of nearly 104 million and vast energy needs, Egypt wants to diversify its energy sources, said Saeed Sadek, professor of political sociology.
“Given Egypt’s booming population, and the impact Ethiopia’s Renaissance Dam is expected to have on Egypt’s water resources when it starts operating, the need for this nuclear project is more significant today,” he told Arab News, adding that Russia is eager to boost its presence in the Middle East.
“The project has a chance, but it will face challenges from the EU, which had said on several occasions that it’s unhappy to witness a Russian nuclear plant in Egypt,” Sadek said.
Middle East expert Justin Dargin from Oxford University told Arab News: “Egypt has a real chance to move forward with this development as it has already established vast human resources in engineering and technology.”
He added: “Egypt has often exported this talent to other Arab countries. With Russia's assistance, Egypt would certainly be able to construct El-Dabaa.”
But there are public concerns over how the country will be able to secure the plant given the current instability.
“It’s always a difficult issue to secure nuclear material. Even developed countries such as the US and UK have had incidents with their nuclear plants,” said Dargin.
“Egypt would have to be extra cautious with its nuclear facilities as they could be targeted by extremist groups,” he added.
“In 2012 there was a theft of nuclear material at El-Dabaa, so the government would have to reassure the public that it has the highest safely protocols there.”

 

 

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

egypt russia expected to finalize nuclear deal egypt russia expected to finalize nuclear deal

 



Themuslimchronicle, themuslimchronicle

GMT 07:32 2017 Friday ,11 August

Venezuela clamps down on opposition politicians

GMT 08:39 2017 Tuesday ,15 August

Hundreds join silent London march for fire victims

GMT 10:19 2017 Saturday ,08 April

Google adds 'fact check' to global search results

GMT 08:51 2017 Friday ,13 October

Etzebeth to lead Springboks on European tour

GMT 13:54 2017 Saturday ,25 November

Electricity Minister receives UN Resident Coordinator

GMT 12:55 2017 Wednesday ,18 October

Cowabunga Adam! Great Scott makes waves in Korea

GMT 14:50 2017 Wednesday ,01 November

Oldest, most iconic drinking fountain in Kuwait

GMT 09:24 2017 Wednesday ,06 December

Canada and China hail ties

GMT 18:35 2016 Thursday ,06 October

Sisi bestows Order of Honor Star on Sudan’s Bashir

GMT 23:26 2016 Wednesday ,29 June

Still aiming to resume Syria peace talks in July

GMT 22:13 2014 Friday ,31 October

NBB posts 42.16m Bahraini dinar net profits

GMT 09:34 2016 Tuesday ,20 December

Electoral College seals Trump White House win

GMT 09:26 2014 Wednesday ,15 October

US losing to ISIS in race against time

GMT 08:52 2011 Monday ,19 September

The Israeli Embassy and Syrian state television

GMT 10:57 2016 Tuesday ,20 September

China to unveil steel merger plans this week

GMT 16:40 2017 Monday ,06 March

FM: No refugee camps in Egypt
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle