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Cuba shelves controversial Juragua nuclear plant
Cuba shelves controversial Juragua nuclear plant
HAVANA, Dec 19 (Reuters) - Cuba has abandoned plans to complete an
unfinished Soviet-designed nuclear power plant on the Caribbean
island that U.S. critics had seen as a potential security risk on
their doorstep, state media said on Tuesday.
Cuban officials were quoted as saying that President Fidel Castro's
government had given up on the idea of resuscitating the Juragua
plant, in the central province of Cienfuegos, because it was not
economically viable.
"There is no sense in finishing the electro-nuclear plant," said
Osvaldo Martinez, a senior official who heads the National Assembly's
economic commission.
Despite speculation Russian President Vladimir Putin's visit last
week would help revive the nuclear plant in a joint venture, local
officials told the Moscow delegation they were not interested.
Work on the first of two planned Soviet-designed pressurized water
reactors at Juragua started in the early 1980s, but was halted by
Havana in 1992 because Moscow could no longer immediately support the
project following the break-up of the Soviet Union.
The first reactor was only partially complete.
Havana's decision to abandon the Juragua project will please critics
in the U.S., including conservative legislators, nuclear experts and
Washington officials, who had voiced fears over the plant's safety if
it were completed.
Moscow and Havana had previously announced several times intentions
to revive the project, which is estimated to need at least $600
million of additional investment.
But in a weekend speech Castro emphasized Cuba was now looking at non-
nuclear energy initiatives, such as a natural gas-powered electricity
generating joint venture established with Canada's Sherritt
International Corp. <S.TO>.
He said this venture, which has been operating for a year and uses
gas from domestic Cuban oil wells, was more efficient and less
expensive than the Juragua nuclear project.
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Sandy Perle Tel:(714) 545-0100 / (800) 548-5100
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