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Slovakia to import electricity from Ukraine

SLOVAKIA plans to build a Sk7 billion (€204.8 million) power line to import cheap electricity from Ukraine.

The country is expected to start importing electricity from Ukraine in 2009, the SITA newswire wrote.

The Slovak Cabinet approved an agreement with Ukraine on mutual cooperation in securing electricity supplies on September 19. Under the agreement, which still needs approval from the Ukrainian side, Slovakia is to import two to four terawatt hours of electricity annually for at least 10 years. This accounts for about seven to 13 percent of Slovakia's electricity consumption.

After the complete shutdown of the V1 nuclear power station in Jaslovské Bohunice, Slovakia will no longer be self-sufficient in electricity production. The first reactor of V1 was shut down at the end of 2006 and the second reactor is to stop operating by the end of next year. To fill the gap in the energy production, Slovakia plans to build the third and fourth blocks of the nuclear power plant in Mochovce.

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