Intergovernmental Agreement –Belarus and Russia to Benefit from the Nuclear Power Pact

In Europe, Belarus is one of the key emerging nuclear power countries, along with Poland, Turkey, Albania and Estonia. Belarus is mostly dependent on gas for electricity generation and it largely relies on gas imports. To support diversification of energy generation resources and to reduce fossil fuel imports, the country is opting for nuclear energy. Russia intends to assist emerging nuclear power countries such as Indonesia, Jordan and Belarus for constructing nuclear power reactors. It has recently signed an agreement with Belarus to build two nuclear power reactors with a capacity of 2,400 MW, which is expected to provide 30% of power supply in the country. For Russia, its intergovernmental agreements will strengthen its position as a major nuclear technology and service provider in the long term. Despite Japan’s nuclear crisis, Belarus and Russia have boldly taken the initial step in signing an agreement emphasizing the importance and essential need for nuclear energy for power generation.

Scope

The report analyzes the intergovernmental agreement between Belarus and Russia.

Explores and analyzes the key drivers for countries engaged in the agreement.

Provides details about the intergovernmental agreement and two nuclear power projects financed by the Russian government.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:

Gain most up to date information and analysis on Belarus and Russia's intergovernmental agreement.

Understand the role of both countries in the agreement.

Facilitate decision making by understanding the nuclear power pact.

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