Enel Ready For Nuclear Plants In Italy; Govt Decision

Enel Ready For Nuclear Plants In Italy; Govt Decision
DJ
Δευ, 21 Απριλίου 2008 - 23:25
Enel has been gaining experience and technical know-how in the nuclear sector internationally and would be capable of building the plants in Italy, Conti told reporters at a press conference at the International Energy Forum in Rome.

Enel has been gaining experience and technical know-how in the nuclear sector internationally and would be capable of building the plants in Italy, Conti told reporters at a press conference at the International Energy Forum in Rome.

Reintroducing nuclear plants is a government "decision," Enel's CEO said.

Prime Minister-elect Silvio Berlusconi, who won last week's parliamentary elections, campaigned on giving nuclear power a role in Italy.

He said the time needed to build and have a nuclear plant ready in Italy would be about seven to 10 years.

Italy banned nuclear facilities in a 1987 referendum on the back of the Chernobyl disaster in the then Soviet Union.

Most of Italy's power is generated by natural gas-fired facilities. Conti also said Enel was looking at securing gas supply contracts with countries in North Africa and the Persian Gulf region. He declined to name which ones.

An Enel executive told Dow Jones Newswires in October Enel was looking at gas supplies mainly in Egypt, but was also eyeing deals in Algeria, Libya and Qatar.

Earlier this month, Enel signed a signed a cooperation agreement with Egyptian Natural Gas Holding Company that will give it access to Egypt's natural gas.

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