Mohammad Tayseer reports that Jordan will sign an agreement with Russia Rosatom before the end of this month to build the first nuclear reactor in the Middle East at a cost of 10 billion dollars, said Khalid Toukan, Chairman of the Jordan Atomic Energy Commission.
Under the agreement, Rosatom will commit to provide nuclear fuel for the first 10 years for the reactor to operate starting in 2022, Toukan said at a press conference in Amman. Jordan can also return nuclear fuel waste to Russia. The project needs final government approval.
Rosatom will finance 49.9 per cent of the project, including two plants with capacity to generate 2,000 megawatts of power. Jordan will own the rest. he said that they are in talks with several regional and international investors who are interested to invest in the project and be partners in the Jordan stake in the project, Toukan said. He said that signing of some deals with those investors will likely occur before end of this year.
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