Lithuania, Latvia, Estonia to Jointly Build Nuclear Reactor

Lithuania, Latvia, Estonia to Jointly Build Nuclear Reactor

Lithuania, Latvia, Estonia have signed a memorandum on preparations for building a new nuclear reactor to replace the Ingalin nuclear power plant in eastern Lithuania, Interfax news agency reported on Wednesday.

The new reactor will be bought in the West and installed at the plant before 2020. Three countries agreed to divide $3-billion expenses on its construction in equal parts. But they also may offer cooperation to Poland and private investors.

Ingalin nuclear power plant used to operate the world’s most powerful RBMK-1500 nuclear reactors, but it was closed down due to EU’s safety concerns. However, without a nuclear power plant Baltic countries will remain dependent on Russia, constantly buying energy.