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Russia To Give USD 17 M for Chernobyl Cleanup
World | September 30, 2008, Tuesday // 00:00
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Russia will provide USD 17 million to help improve safety at the Chernobyl nuclear power plant.
Russia will provide USD 17 million to help improve safety at the Chernobyl nuclear power plant, a top Russian nuclear official said on Monday.
"The Russian Federation intends to help Ukraine improve security at the site of the Chernobyl power plant, and speed up the start of work to decommission it. For these purposes we will contribute USD 17 million to the Nuclear Safety Account and the Chernobyl Shelter Fund," Sergei Kiriyenko, head of the state-run corporation Rosatom, said, as cited by RIA Novosti.
The Nuclear Safety Account was set up in 1993 to finance nuclear safety projects in central and Eastern Europe. It is run by the European Bank for Reconstruction and Development as is the Chernobyl Shelter Fund, a project aimed at building the new sarcophagus over reactor number four, which exploded in 1986.
Three reactors of the Chernobyl plant continued to operate for several years after the worst nuclear accident in history happened there, the last reactor shutting down in 2000.
The reactors still contain nuclear fuel rods, and require constant monitoring. The fourth reactor is housed in a Soviet-era sarcophagus set to be replaced by a USD 1.4 B metal structure.
"The Russian Federation intends to help Ukraine improve security at the site of the Chernobyl power plant, and speed up the start of work to decommission it. For these purposes we will contribute USD 17 million to the Nuclear Safety Account and the Chernobyl Shelter Fund," Sergei Kiriyenko, head of the state-run corporation Rosatom, said, as cited by RIA Novosti.
The Nuclear Safety Account was set up in 1993 to finance nuclear safety projects in central and Eastern Europe. It is run by the European Bank for Reconstruction and Development as is the Chernobyl Shelter Fund, a project aimed at building the new sarcophagus over reactor number four, which exploded in 1986.
Three reactors of the Chernobyl plant continued to operate for several years after the worst nuclear accident in history happened there, the last reactor shutting down in 2000.
The reactors still contain nuclear fuel rods, and require constant monitoring. The fourth reactor is housed in a Soviet-era sarcophagus set to be replaced by a USD 1.4 B metal structure.
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