Russia is seeking investment in new nuclear power stations and joint
uranium mining ventures in South Africa, Russia's natural resources
minister said on Thursday.
Yuri Trutnev would not specify how much money Russia was willing to
spend in South Africa, which wants to ensure stable energy supplies for
its booming economy and ease concerns over power shortages.
"Exactly as much as would be needed if we hopefully win a tender," he
told a news conference, when asked how much money his country was
prepared to pour into nuclear energy and mining in Africa's biggest economy.
South African Foreign Minister Nkosazana Dlamini-Zuma said the two sides
were still in early discussions on the issue. "We agreed and Russia is
willing to work with us right from the mining right up to nuclear
energy, right through the chain. So if we ask them to also do nuclear
stations, they are willing," she said after talks with Trutnev.
"We are only now going to get into the specifics but we have agreed that
we will cooperate right through, so those details will be worked out as
we go along."
Sergei Kiriyenko, head of Russia's atomic energy agency (Rosatom), who
is accompanying Trutnev, told Russia's Interfax news agency on Wednesday
that the South African market "is open for us".
Russian officials said state-run run Tekhsnabexport (Tenex), Russian
firm Renova and South Africa's Harmony Gold had signed a memorandum to
boost cooperation during the visit.
Tenex was also seeking to extend to 2020 the terms of a contract under
which Tenex supplies low-enriched uranium to South Africa, Interfax
reported.
South Africa, which operates Africa's only nuclear power station, said
this month it planned to build a second nuclear power station in a bid
to boost energy supplies as power demand soars.
President Vladimir Putin said last year during his first trip to the
African state that Russia had signed a deal to supply fuel to South
Africa's Koeberg nuclear power plant, about 50 km (31 miles) outside
Cape Town.
Russia is reorganising its civilian nuclear sector as it seeks to widen
sales of nuclear technology abroad, expanding into the energy-hungry
markets of Asia and Africa.
South Africa's mining minister, Buyelwa Sonjica, told Reuters on Tuesday
that major producers in South Africa and Russia were in talks about
cooperating to process uranium for sale on the international market.
South Africa has earmarked uranium as a strategic mineral and will start
stockpiling the sought-after nuclear fuel, in part to ensure it can
power an ambitious multi-billion rand expansion of its nuclear power
industry.
(
Planet Ark, 23/02/2007)