
The fragile environmental coalitions cleaning up the Black Sea oil spill
This article by Angelina Davydova, editor of Bellona’s Ecology & Rights magazine, first appeared in The Moscow Times. The oil spill in ...
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Publish date: October 19, 2005
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The venture is expected to see Russian nuclear agency Rosenergoatom invest some $35 million in the project next year, but some $14 million of this investment may come from the Chinese national EXIMBANK if domestic financing is insufficient.
“We signed a contract with China on terms [for a potential loan if needed], Alexander Polushkin, head of development at Rosenergoatom is quoted as saying in local media. If the Russian government budget funds the project, the loan agreement will be abandoned, if not, under the terms of the loan, Chinese shipyards would build the main power plant housing, which would then be transported to Russia to be outfitted with the reactors.
According to Polushkin, an $85m contract has already been signed with Bohai shipyards of China, which is to be enacted after the Chinese EXIMBANK extends the loan. The final contract with the bank is yet to be concluded but building the station could begin in January 2006. Construction is expected to take five years at a total cost of some $210 million. Izhora and Baltiysky plants in St Petersburg will manufacture reactor equipment. The floating nuclear plant will be placed at the Sevmash plant in Severodvinsk, Arkhangelsk region.
This article by Angelina Davydova, editor of Bellona’s Ecology & Rights magazine, first appeared in The Moscow Times. The oil spill in ...
The following speech was given by Bellona nuclear expert Dmitry Gorchakov at the Arctic Frontiers conference, which was in session this week in Troms...
Social media are ablaze after Bellona founder Frederic Hauge met Motvind’s Eivind Salen on Norwegian national broadcaster NRK’s Debatten program last night.
"Maritime transport along the Northern Sea Route remains a bad idea. Even with a warmer climate, cold, wind and darkness will define the Arctic winter," said Bellona's Senior Adviser Sigurd Enge to a packed hall at the Arctic Frontiers conference.