Russian and Iranian operators monitor the nuclear power plant unit in Bushehr, about 1,200km south of Tehran. Reuters
Russian and Iranian operators monitor the nuclear power plant unit in Bushehr, about 1,200km south of Tehran. Reuters

Russia plans to supply fuel to Iranian nuclear plant this month



Russia’s state nuclear company said it was planning to supply new fuel to Iran’s controversial Bushehr nuclear power plant before the end of the month, moving quickly to keep power supply from the plant flowing.

Russia was one of six world powers that reached a deal last month with Iran to lift nuclear-related sanctions in return for an oversight regime that will curb Iran’s nuclear programme over the next decade.

Russia has been Iran’s partner in developing its nuclear energy plant at Bushehr, on Iran’s Arabian Gulf coast, having taken over from German firms to complete the protracted project and bring the first reactor online in 2011.

TVEL, the nuclear fuel-making unit of Russia’s Rosatom, on Tuesday said that last month’s deal on sanctions cleared the way to reestablish a banking relationship with the Atomic Energy Organisation of Iran, the joint operator of Bushehr with the Russians, thus allowing TVEL to restart nuclear fuel deliveries.

“The deal [means] that Iran’s nuclear reactor will be connected to the country’s energy system on time,” said a TVEL spokesman.

“Loading of fresh fuel with the presence of international experts during a planned maintenance of the plant is scheduled for September.”

TVEL said Russia’s support of Bushehr, the first nuclear plant to go online in the Middle East, “serves as a benchmark for the further development of a peaceful nuclear energy production across the region”.

Indeed, Russia has shown that it is keen to play a major role in the development of nuclear power in the region. It has been making diplomatic efforts this month to push this agenda, including during state visits from the leaders of Saudi Arabia, Egypt, and the UAE that included discussions of nuclear energy.

Russia has already secured a number of firm deals in the region, as well as initial cooperation agreements.

This year, Saudi Arabia and Russia signed an agreement to cooperate on the development of nuclear energy. Although the deal covers only various types of information sharing, Russia has expressed a desire to play a part in building up to 16 reactors by 2030 in Saudi Arabia, which shares the UAE’s ambition of meeting growing electricity demand and freeing up hydrocarbon resources for export and industrial use.

Russia is keen to sell Saudi Arabia its VVER (water-water energetic reactor) design, which is used at Bushehr.

It is already building the Akkuyu plant on Turkey’s Mediterranean coast. The project is expected to start commissioning the first of four planned reactors in 2020.

Also, as part of Russia’s active nuclear energy diplomacy this year, the president Vladimir Putin and his Egyptian counterpart, Abdel Fattah El Sisi, signed a deal in February to fulfil the long-held desire of Egypt to build a plant on its Mediterranean coast.

amcauley@thenational.ae

* The article has been amended since it was first published. The company reported as a key supplier to the UAE's nuclear programme should have been mentioned as Tenex and not TVEL. Similarly it was Tenex and not TVEL that was one of six companies to sign a deal in 2012 to supply fuel to the UAE. The mentioned delegation visit to the uranium enrichment plant at Novouralsk was part of a recent audit that the Emirates Nuclear Energy Corporation conducted of Tenex's supply chain, as part of its approved annual audit plan for 2015.

Scorebox

Dubai Hurricanes 31 Dubai Sports City Eagles 22

Hurricanes

Tries: Finck, Powell, Jordan, Roderick, Heathcote

Cons: Tredray 2, Powell

Eagles

Tries: O’Driscoll 2, Ives

Cons: Carey 2

Pens: Carey

My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Set-jetting on the Emerald Isle

Other shows filmed in Ireland include: Vikings (County Wicklow), The Fall (Belfast), Line of Duty (Belfast), Penny Dreadful (Dublin), Ripper Street (Dublin), Krypton (Belfast)

How to come clean about financial infidelity
  • Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
  • Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help. 
  • Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
  • Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
  • Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported. 

Carol Glynn, founder of Conscious Finance Coaching

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A

Manchester City 4
Otamendi (52) Sterling (59) Stones (67) Brahim Diaz (81)

Real Madrid 1
Oscar (90)

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A