Egypt mulls technical, financial terms of nuclear Dabaa contract with Russia

Ahram Online , Monday 8 Feb 2016

Egypt's President Abdel-Fattah El-Sisi stands as Russian - Egyptian officials sing the first Egyptian nuclear plant deal in November 2015 (Photo: Abdel-Fattah El-Sisi official Facebook page)

Egypt is currently mulling the technical and financial terms of the government’s contract with Russia to build the country’s first nuclear project, an e-mailed statement from the presidency said on Monday.

President Abdel-Fattah El-Sisi met with electricity minister Mohamed Shaker to review the latest updates on negotiations between the two countries over the project’s contract, which is expected to be signed in February, according to state news agency MENA, who cited the Russian ambassador in Cairo.

In November, the Egyptian government signed an agreement with Russia to build Egypt's first nuclear power plant at Dabaa, located in the country’s Marsa Matrouh governorate, which aims to generate 4,800 megawatts through four units.

Last December, a gag order was imposed banning reporting on the project without prior permission from security authorities or the office of the minister of electricity.

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