The Slovak government approved on August 19 an agreement to cooperate with Turkey in the energy sector, including developing nuclear projects, CTK news agency reported.
The agreement, aimed at supporting the participation of Slovak companies in energy projects in Turkey, envisages cooperation in thermal power, nuclear and hydropower projects, economy minister Tomas Malatinsky was cited as saying after a government meeting.
Turkey wants to build nuclear power plants over the next decade to cut reliance on costly imported oil and gas. Russia’s Rosatom is building the country’s first nuke plant that is expected to become operational in 2019. Earlier this year, Turkey has awarded a USD22bn deal to a Japanese-French consortium to build its second nuclear power plant.
Slovakia has two nuclear power plants (Jaslovske Bohunice and Mochovce) with two reactors each, which cover some 55% of the country’s overall electricity demand. It is building two new reactors at the Mochovce plant, which will have an installed capacity of 880MW. The government is also in talks with Rosatom on a potential cooperation in the construction of a new nuclear plant expected to have a combined output of 2,400MW.
The Romanian authorities have approved the transaction through which China Energy Company (CEFC) is taking over 51% of KazMunayGas International (KMGI), the majority shareholder in Romania’s ... more
Turkey’s Energy Minister Berat Albayrak, son-in-law of President Recep Tayyip Erdogan, is set to visit Israel by the end of this year to conclude an agreement to construct a natural gas pipeline ... more
State-controlled Polish power firm Tauron has sold €500mn worth of eurobonds, the company said on July 5. Tauron needs capital to refinance the costs of construction and the purchasing of a ... more