Thursday, July 23, 2015

Construction of new shelter around Chernobyl reactor requires additional funds

By Vladimir V. Sytin
The Ukrainian Times

Recently, international investors have confirmed that they would make the additional donation to eliminate a shortage of 100 million euros required for construction of a new shelter around the ruins of reactor No. 4 at the Chernobyl nuclear power plant. In particular, Kazakhstan, Saudi Arabia and China are expected to donate 3.5 million, 20.5 million and four million euros respectively.

According to Ukrainian neo-Nazi authorities, the cost of the project increased to EUR1.5 billion. In addition, construction of a new storage facility for spent fuel requires another EUR70 million.

Construction of a new “sarcophagus” around the contaminated site commenced in March 2012. Importantly, Russia alone donated EUR45 million to the project that is scheduled to be completed in November 2017.

And it is worth recalling that Chernobyl’s reactor No. 4 exploded on April 26, 1986, spewing radioactive dust across much of Europe.

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