OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
Russia suggests setting up international coalition for demining operations in SyriaRussian Politics & Diplomacy March 25, 1:08
One person dies in fire at gunpowder factory in Russia's KazanWorld March 24, 21:47
CAIRO, September 29. /TASS/. Egyptian President Abdel Fattah el-Sisi and Chief Executive of Russia’s civilian nuclear power corporation Rosatom Sergei Kiriyenko discussed on Thursday final financial and technical terms of contracts to build Egypt’s first nuclear power plant in El Dabaa.
"The meeting discussed the final technical and financial parameters of contracts that will be signed with Rosatom to build the nuclear power plant in El Dabaa," official representative of the head of the Arab Republic of Egypt Alya Yusef said, noting that Cairo was seeking "the best terms of building the NPP for peaceful purposes."
"The president highly praised the growing Russian-Egyptian relations and the development of bilateral cooperation in various fields, pointing to the importance of finalizing contracts for the station’s construction to start the project’s implementation," he added.
Russia and Egypt signed an inter-governmental agreement on November 19, 2015 in Cairo on building Egypt’s first nuclear power plant to comprise four 1,200 MW power units. Russia also signed an agreement with Egypt at that time to grant the Egyptian side a $25 billion government export loan for the NPP’s construction.
The loan will be disbursed in 2016-2018 and will allow financing 85% of the NPP’s construction.