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Russia to develop Central Asia's very first nuclear power plant in Uzbekistan

Russia will develop a small nuclear reactor in Uzbekistan, the first such job in postSoviet Central Asia, Uzbek President Shavkat Mirziyoyev stated on Monday at a conference with checking out Russian President Vladimir Putin.

The nuclear offer, if implemented, will display Russia's. ability to export not just energy, however likewise high-tech products. to brand-new Asian markets, at a time when the West is increasing. pressure on it through sanctions.

Putin stated Russia would put $400 million into a joint. mutual fund of $500 million to finance projects in. Uzbekistan.

Mirziyoyev also said Tashkent had an interest in purchasing more. oil and gas from Russia, a reversal of decades-long practice. where Moscow imported hydrocarbons from Central Asia.

The Uzbek president described Putin's check out as historical.

It heralds the beginning of a brand-new age in the thorough. tactical partnership and alliance relations between our. nations, he stated.

Putin also called Tashkent Moscow's tactical partner and. dependable ally.

According to documents released by the Kremlin, Russian. state nuclear firm Rosatom will develop to six atomic power plants. with a capability of 55 megawatts each in Uzbekistan, a much. smaller-scale task than the 2.4 gigawatts one agreed in 2018. which stays to be settled.

There are no nuclear reactor in any of the five. ex-Soviet Central Asian republics, although Uzbekistan and its. neighbour Kazakhstan, both uranium producers, have actually long stated. their growing economies required them.

The Kazakh project, nevertheless, can just move ahead after a. national referendum which has not yet been set up.

Almost all the prominent nations of the world ensure their. energy security and sustainable advancement with the help of. atomic energy, Mirziyoyev stated.

ENERGY PRODUCT

Benefiting from Russia's project to redirect its gas. exports to Asia in the middle of a rift with the West over Ukraine,. Uzbekistan last October began importing Russian gas. through the exact same pipeline which had formerly pumped it in the. reverse direction.

Although its own gas production stays considerable at about. 50 billion cubic metres a year, Uzbekistan has a hard time to totally. fulfill domestic need, and Russian products have allowed it to. avert an energy crisis.

( Gas) exports are running well ahead of schedule and we are. ready to increase their volume if required, Putin stated.

According to Mirziyoyev, Tashkent is likewise keen to increase. imports of Russian oil.

The two leaders also stated their federal governments were working on. big jobs in mining, metals, and chemicals.

Uzbekistan, whose economy depends greatly on remittances. from migrant labourers working in Russia, has actually preserved close. ties with Moscow after it got into Ukraine in 2022.

Nevertheless, Mirziyoyev and other leaders in the area have. never ever spoken in support of what the Kremlin calls its unique. military operation in Ukraine, and all countries in the region. are also working with the West on jobs such as freight. delivering paths created to bypass Russia.

(source: Reuters)