Egypt, Russia to Finalize Dabaa Deal in 2016

Egypt, Russia to Finalize Dabaa Deal in 2016

In an interview with three state-run newspapers, Egyptian President, Abdel Fattah El Sisi, stated that final contracts for the Dabaa Nuclear Plant will be signed with Russia before the end of 2016, explaining that ongoing discussions are focused on the fine print, Al Ahram reported.

In a intergovernmental deal, Russia agreed to develop and service the 1,000 MW power station in northern Egypt. In May 2016, the two governments agreed on an engineering, procurement and construction contract. Discussions moved into the final stage on deals involving nuclear fuel deliveries for the duration of the power plant’s operation as well as a back-end pact on its decommissioning and service level agreements, according to Sputnik News.


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