News

Abramovich talks alternative energy with Iceland

Publish date: October 23, 2006

Flamboyant Russian billionaire, Chealsea Football Club owner and governor to the Far East Chukotka Region, Roman Abramovich, is seeking methods of alternative energy for his remote district, which is now under-powered by coal fired plants and nuclear energy.

Accompanied by Kamil Iskhakov, presidential plenipotentiary to the Far East Federal District, Abramovich made a working visit to Iceland to learn about the potential use of so-called “small energy” and geothermal energy to solve power shortage problems for Russia’s extreme north-eastern regions, the Polit.ru Russian news site reported.

Abramovich and Iskhakov met with Iceland’s president, Ólafur Ragnar Grímsson, and also had talks with the management of Iceland’s largest power company, Reykjavik Energy, the site said.

During the meetings, Abramovich, Iskhakov and Reykjavik Energy discussed possible applications in Russia’s ice-bound far eastern districts of the kinds of alternative energy Iceland has been forced to rely on for decades.