Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | |||
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | |||
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | |||
Mars US • 174 days | 77.26 | -1.51 | -1.92% | |||
Gasoline • 10 mins | 2.720 | -0.014 | -0.53% |
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | |||
Girassol • 1 day | 89.90 | +0.45 | +0.50% | |||
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
Peace Sour • 9 hours | 76.01 | -0.55 | -0.72% | |||
Light Sour Blend • 9 hours | 79.06 | -0.55 | -0.69% | |||
Syncrude Sweet Premium • 9 hours | 86.01 | -0.55 | -0.64% | |||
Central Alberta • 9 hours | 76.41 | -0.55 | -0.71% |
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | |||
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | |||
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | |||
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Sam Altman and Andreessen Horowitz…
Oil price volatility has climbed…
Belarus has announced that it is seeking foreign tenders to construct two nuclear power plants within the next decade in a contract worth $9 billion.
Belarusian Ambassador-Designate to South Korea Natallia I. Zhylevich told journalists, "These reactors will give us 25 percent of what we need by the time they are completed. Twenty-five percent is good but it's not enough, plus we are right in the center of Europe, all the countries around us need electricity. Today, people understand that without nuclear power plants we will not be able to develop. We are a developing economy and we need energy and we don't need pollution or gas or oil, we need something that is cleaner," Seoulâs The Korea Herald reported.
Convincing the Belrusian public that the countryâs future lies in nuclear power may take some effort on the part of the government however, as severe fallout from the April 1986 Chernobyl nuclear disaster in neighboring Ukraine blanketed the country. According to official post-Soviet data, about 60 percent of Chernobylâs fallout landed in Belarus and in the past 25 years Belarus has spent $32 billion in coping with the resultant radioactivity and is set to spend more in the future.
By. Charles Kennedy, Deputy Editor OilPrice.com
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