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Russia’s Rosatom now denying that there is a contract with South Africa

questionflag_Russiaflag-S.AfricaNuclear deal was ‘lost in translation’, Business Day  BY SIKONATHI MANTSHANTSHA, OCTOBER 10 2014 ROSATOM, THE STATE-OWNED RUSSIAN NUCLEAR COMPANY, SPENT ON THURSDAY AFTERNOON TRYING TO DISOWN ITS EARLIER CLAIM OF HAVING BEEN AWARDED A CONTRACT TO BUILD SA’S PROPOSED FLEET OF POWER STATIONS.

The company blamed a poor translation for its late September statement in which, quoting South African government officials, it said it had been granted the right to build a fleet of nuclear power stations for SA.

The news that Russia would build nuclear power stations came as a surprise as no announcement had been made by the government that it had begun any tender process to procure the 9.6GW it said it would be actively seeking.

“The wording (in the statement) from Rosatom wasn’t well chosen,” said Viktor Polikarpov, regional vice-president for sub-Saharan Africa. “We have to admit that we worded the statement wrongly. It was lost in translation (from the original Russian).”

In this statement Rosatom quoted Energy Minister Tina Joemat-Pettersson. After going to ground and for days being unavailable to confirm the Rosatom claim, the Department of Energy eventually released a statement on its website, which was almost identical to Rosatom’s “translated” statement.

Following this, the department said the statement in no way confirmed SA had reached a deal with Russia. The agreement only envisioned possible future co-operation on nuclear energy issue……….

When Business Day asked for a copy of the co-operation agreement, Mr Polikarpov said the document “is classified … it is not available for public consumption”.

Mr Polikarpov was asked how Rosatom arrived at the $50bn price estimate for the project. After much discussion in Russian with Alex Kirillov, head of marketing in SA, he said this was the estimated cost of Rosatom’s plants……..

Rosatom will apply for a $50bn loan from the Russian government if SA chooses a build, own and operate model, he said……..http://www.bdlive.co.za/business/energy/2014/10/09/nuclear-deal-was-lost-in-translation

October 10, 2014 - Posted by | politics international, South Africa, Spain

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