 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
South Korea courts Poland on nuclear, LNG projects
Warsaw (AFP) July 7, 2009 South Korean President Lee Myung-Bak Tuesday signalled Korean firms were keen to build Poland's first atomic reactor and liquefied natural gas terminal, projects key to its energy diversification bid. "I know that in the context of energy security and diversification Poland is planning to build a nuclear electricity plant and an LNG terminal. Korea has a very strong position in these areas and awaits greater cooperation with Poland on these matters," he told a Polish-Korean economic forum in Warsaw. "Over the last 30 years Korea has built and safely used over 20 nuclear power plants and is currently constructing eight more. We have a wealth of experience and the most modern technology," he added. Poland, currently nuclear-free, is trying to reduce its reliance on coal which provides 94 percent of its electricity. The government has signalled the construction of "one or two" nuclear energy plants by 2020 and is in talks with France and South Korea regarding technology for the project. The South Korean leader also said talks with the EU on a free-trade deal were nearing completion. "The ongoing talks on free trade between Korea and the European Union are in their final phase," he said. "When this agreement takes effect, trade barriers will be far smaller than they are at present and trade turnover and mutual investments with increase." The 27-nation European bloc was South Korea's second-largest trading partner after China last year, with two-way trade worth more than 90 billion dollars (70 billion euros). South Korea has already invested some two billion dollars in 2004 EU newcomer Poland, mostly in the electronics sector. Both countries are weathering the global recession relatively well. Last month Seoul revised up its economic outlook for this year from a contraction of 2.0 percent to one of 1.5 percent, citing the positive effects of stimulus measures and stabilising financial markets. Poland's government, meanwhile, has forecast economic growth of 0.2 percent this year while the International Monetary Fund expects a 0.5 percent contraction and the EU has predicted a 1.4 percent contraction. The World Bank expects slight growth. Share This Article With Planet Earth
Related Links Nuclear Power News - Nuclear Science, Nuclear Technology Powering The World in the 21st Century at Energy-Daily.com
Incident fuels German nuclear debateBerlin (UPI) Jul 6, 2009 An incident at an error-prone German nuclear reactor has refueled the debate over the country's future energy mix. On Monday, Greenpeace activists amassed before the Kruemmel nuclear power plant near Hamburg to protest yet another incident at the Vattenfall Europe-run facility. It shut down automatically on Saturday after a transformer short-circuited. Kruemmel was reopened only ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook