Russia to spend $175m for submarine decommissioning in 2005

The head of the State Duma’s Committee on Industry, Construction, and Science Intensive Technologies, Martin Shakkum announced the exact sum in the beginning of July, Kommersant reported. The Russian budget allocated $66.8m, the western donors will provide the rest. The western aid is increasing every year from $21m in 2002 till $94.5m in 2004 while the Russian share is the same, Shakkum said.

He added that total 195 nuclear power submarined and two surface nuclear-powered ships were taken out of service in Russia, 112 nuclear submarines have been dismantled.