Russia asks for Iran’s Nuclear Power Plant payment before due time

Iran said on Thursday that Russia has asked for Tehran’s payment for its Bushehr nuclear power plant before the time is due, the semi-official Fars news agency reported.

In order to continue the construction of the Bushehr plant, Russia “demands for the money resources before its time is due,” Iran’s chief nuclear negotiator Ali Larijani was quoted as saying.

According to the report, Iranian Atomic Energy Organization’s vice president Mohammad Saeedi and Russian contractor Atomstroiexport’s president Sergei Shmatko started talks in Moscow on Wednesday on the dispute over Tehran’s payment, the report said.

Larijani, who is also secretary of Iran’s Supreme National Security Council (SNSC), said that no information was available for now about the talks, which were expected to continue on Thursday.

The major issue was not the money itself, but the general agreement was at the stake, he added.

Last month, Atomstroiexport warned of delaying the launch of the Bushehr plant, citing late payments and problems with equipment deliveries.

Located in southwestern Iran, Bushehr is the country’s first nuclear power station, but work at the plant has been long delayed.

Russia and Iran signed a one-billion-U.S.-dollar contract for the plant in 1995. Under an agreement reached last September, fuel deliveries to Bushehr are scheduled to start in March and the plant is due to come on stream in September this year.

Comment on Global Research Articles on our Facebook page

Become a Member of Global Research

Articles by: Global Research

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected] contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]