NOVO-OGAREVO (Moscow Region), (Sputnik) – Iran has saved 27 million barrels of oil with the first unit of the Bushehr nuclear power plant, the CEO of Russia’s Rosatom corporation, Sergei Kirienko, said Monday.
"The Iranians themselves have already announced the first unit of Bushehr has saved them 27 million barrels of oil, and each unit will save 11 million barrels per year. They believe that it has paid off for them and brought them income," Kirienko said at a meeting with President Vladimir Putin.
A groundbreaking ceremony for the construction of the second and third nuclear reactors at the Bushehr site took place on Saturday.
Russia and Iran signed a contract for the construction of two 1,000-megawatt reactors in November 2014. The project is estimated at $10 billion and will take 10 years to complete.