by Staff Writers
Sucre, Bolivia (Sputnik) Jun 11, 2015
On Friday, Bolivian Hydrocarbons and Energy Minister Luis Alberto Sanchez announced plans to visit Russia later this month to sign a cooperation agreement with Russian state-owned nuclear energy corporation Rosatom, RIA Novosti reports.
Set to visit the St. Petersburg International Economic Forum, which runs from June 18-20, Sanchez stated that he was "invited to propose the possibilities for doing business in Bolivia. In addition, we will sign an agreement, a memorandum with Rosatom."
According to Sanchez, in addition to electricity, Bolivia is interested in using nuclear technology in the fields of industry, medicine, and science. By 2020, the Andean nation has plans to create its first research reactor.
Bolivian President Evo Morales voiced his country's intention to launch a peaceful nuclear program in 2014, committing to invest $2 billion for the program by 2025. Bolivia has already presented its proposals to the International Atomic Energy Agency, and signed a cooperation agreement on peaceful nuclear energy use with neighboring Argentina.
Rosatom, a state-owned monopoly corporation established in 2007, is charged with the regulation of all nuclear assets in Russia, and is also responsible for the provision of nuclear technology, fuel, and other materials and services for peaceful purposes to dozens of nations. Russia is presently involved in the construction of over a third of all nuclear reactors worldwide.
Source: Sputnik International
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.|