Showing posts with label weapons. Show all posts
Showing posts with label weapons. Show all posts

Thursday, December 26, 2013

Syria signs offshore oil deal with Russian firm...

Syria’s government said Wednesday it had signed an oil and gas deal with a Russian company, prompting claims from the Syrian opposition that Damascus is “swapping the country’s riches for Russian weapons”.

The agreement was signed by Syrian Oil Minister Suleiman Abbas and the Russian Soyuzneftegaz company, allows for the first-ever exploration off the war-ravaged country’s Mediterranean coast.

The exploration will cover an area of 2,190 square kilometres (850 square miles) off the Mediterranean port city of Tartous, where Russia also has a military base.

Friday, November 15, 2013

Uranium shipment signals end of US-Russian nuclear deal.

MOSCOW - A 20-year-old deal that has powered American homes while reducing the risk of Russian nuclear material falling into the wrong hands approached its end on Thursday when the final shipment of uranium left St Petersburg for Baltimore.

Under the 1993 HEU Purchase Agreement, Russia downblended 500 metric tons of highly enriched uranium (HEU) from nuclear weapons into low-enriched uranium and sent it to the United States, where it was made into fuel for nuclear power plants.

Over much of the life of the deal, it was used to generate roughly half of all commercial nuclear energy produced in the United States, or nearly 10 percent of all US electricity, according to the US Energy Department.

EL News