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Russia keen to lock Jordan into long term contracts to buy nuclear reactors

Russian-BearRussia approves draft deal to build nuclear plant in Jordan, Times of Israel 25 Dec 14 State-owned company Rosatom expected to finish construction of first 1,000-megawatt unit by 2024, second by 2026 Russian Prime Minister Dmitry Medvedev endorsed a draft Russia-Jordan agreement on the construction and operation of a nuclear plant in Jordan, the official website of the Kremlin said on Thursday…….

The state-owned company will form a joint venture with the Jordanian government, in which the Russian company will have 49.9 percent of the shares and Jordan will own 50.1%. The agreement will be financed by investments from both parties……

The statement published on the Russian government’s website said the implementation of the Jordan-Rosatom agreement will positively affect the development of Russia’s nuclear energy sector and will ensure long-term contracts to Russian companies. Russia approves draft deal to build nuclear plant in Jordan | The Times of Israel 

December 26, 2014 - Posted by | Jordan, marketing, Russia

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