Rosatom, Nigeria Sign Nuclear Power Plant Deal

Officials from the west-African nation of Nigeria and Russia's nuclear power export giant Rosatom Overseas, a subsidiary of Rosatom, signed agreements in Abu Dhabi Monday for construction and operation of a nuclear power plant and research center housing a multi-purpose nuclear research reactor, the company announced.

MOU, Rosatom, NigeriaThe two parties also signed “a roadmap for cooperation in the field of peaceful usage of nuclear technologies,” Rosatom said in a press release.

The paperwork was signed by Anton Moskvin, vice president for marketing and business development of Rosatom Overseas and Simon Peco Mallam, chairman of the Nigeria Atomic Energy Commission. Also in attendance were Rosatom Director Genaral Alexey Likhachev and Nigeria's permanent representative to the International Atomic Energy Agency Vi ian Nwunaku Rose Okeke.

The feasibility studies for the Nuclear Power Plant project and the Research Center construction will include site screening, as well as the determination of key parameters of implementation, including; capacity, equipment lists, time frames and stages of implementation, as well as financing schemes.

The two countries started their partnership in 2009 by executing an intergovernmental agreement on cooperation in the field of the peaceful usage of nuclear technologies. Further on, intergovernmental agreements on cooperation in design, construction, operation and decommissioning of the Nuclear Power Plant and the Nuclear Research Center housing a multi-purpose nuclear research reactor were signed.

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