Russia to build eight more nuclear reactors in Iran

Russia plans to build eight more nuclear reactor units in Iran, Russian President Vladimir Putin said in an interview published Friday.

Russia also intends to lend Iran 2.2 billion euros (2.5 billion dollars) for financing energy projects, Putin told Azerbaijani state news agency AZERTAC.

The money is slated to fund the construction a thermal power plant near the Persian Gulf city of Bandar Abbas and the electrification of a railway line between the cities of Garmsar and Inceburun in northern Iran, Putin said.

"We will also help our Iranian partners in fulfilling their plan of action for the Iranian nuclear programme, including processing enriched uranium," Putin was quoted as saying.

Putin is scheduled to meet with Iran's President Hassan Rouhani and Azerbaijan's President Ilham Aliyev in the Azerbaijani capital Baku on Monday.

Russia was instrumental in helping Iran reach an international deal to regulate its nuclear programme, allowing sanctions against the country to be lifted.

Iran has insisted that its nuclear programme is peaceful, but Western powers including the United States suspect that it could be used to build a bomb.

Russia previously helped Tehran construct its major power plant near the city of Bushehr. In 2014, Russia signed a deal to build two more reactors at the facility.

In April, Iran confirmed that it received a shipment of S-300 long-range, surface-to-air missile systems from Russia. Russian state news agency RIA Novosti reported that the S-300 deal could have been worth about 900 million dollars.

Last update: Fri, 05/08/2016 - 12:32

More from World

Clowns worry about their image following wave of scary clown attacks

German circus owners have joined the nation's clowns in expressing alarm about the damage to the image of clowns...

Russia not considering new ceasefire in Aleppo, state media reports

A Russian minister said Monday that Moscow was not considering a new ceasefire in the northern Syrian city of Aleppo...

India’s key Muslim shrine to lift ban on entry to women

A trust that runs Mumbai's Haji Ali mosque said on Monday it will revoke a ban on women entering the inner sanctum...

3 civilians, trooper killed in India-Pakistan border clashes

Three civilians and a trooper were killed while several were injured in cross-border firing between the forces of...

South Korean president backs constitution change to allow second term

The South Korean constitution should be changed to allow the president a second term in office, and the terms...