Kuwait: With Washington expected to slap another round of sanctions on Russia for its alleged meddling in the 2016 presidential elections as next month, Moscow continues to build closer business ties with the Middle East.
After manoeuvering itself into pole position to pick up the contracts for the reconstruction of Syria’s energy oil and gas industries and proposing to set up a grain hub in the UAE, it has now submitted an application to build a nuclear power plant in Kuwait. The application was drawn up by the state-owned Rosatom, the Energy Minister Alexander Novak said this weekend. Further talks were under way that could see Russia also supply the small Gulf state Kuwait with LNG to fuel its electric grid, he said.
Last November, Rosneft CEO Igor Sechin announced that his company and other Russian firms had also signed six individual cooperation deals worth a total of $30bn with the Iranian government.
Russia extends influence in Gulf with plans for nuclear plant in Kuwait
Source: tass