http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=47962&NewsKind=Current%20Affairs

Russia facing financial problem on Bushehr:Iran

Tuesday, December 12, 2006 - ©2005 IranMania.com
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Archived Picture - Head of the Atomic Energy Organization of Iran (AEOI) 
Gholam-Reza Aqazadeh said that the Russian contractor of Bushehr nuclear 
power plant has financial problem in fulfillment of its commitments 
regarding completion of this project and it expects Iran to provide 
financial aid beyond the initial agreement, IRNA reported.

LONDON, December 12 (IranMania) - Head of the Atomic Energy Organization 
of Iran (AEOI) Gholam-Reza Aqazadeh said that the Russian contractor of 
Bushehr nuclear power plant has financial problem in fulfillment of its 
commitments regarding completion of this project and it expects Iran to 
provide financial aid beyond the initial agreement, IRNA reported.

He made the remark at a joint press conference with his Russian 
counterpart Sergei Kiriyenko.

Aqazadeh declared Iran's readiness to attempt to solve the financial 
difficulties facing the power plant project to facilitate finalizing it.

In response to a question whether the required fuel will be dispatched 
to Iran towards the end of the current Iranian year (ending on March 
20), he said that the relevant schedule has not changed.

The official said that in his meeting with Kiriyenko, the agreement 
which was signed by Iran and Russia on September 26 was revised.

He noted that both sides are willing to finalize the project on schedule.

"However, given that we are facing problems for implementation of 
Bushehr nuclear power plant, both sides are required to cooperate," he 
added.

For his part, Kiriyenko told reporters that some improvement is observed 
in the trend of implementation of the project, but that it is not 
sufficient.

He said that to expedite the project, Iranian and Russian experts are 
required to further exchange views.

The Russian official referred to financial problems as one of the most 
important impediments to the project as well as the failure in dispatch 
of the pre-made equipment by third party countries.

Members of the Russian delegation accompanying Kiriyenko, who will leave 
Tehran on Tuesday, are scheduled to pursue the problems facing this 
project.

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