Rosatom's global nuclear ambition cramped by Kremlin politics


  • World
  • Sunday, 26 Jun 2016

The logo of Russian state nuclear monopoly Rosatom is pictured at the World Nuclear Exhibition 2014, the trade fair event for the global nuclear energy sector, in Le Bourget, near Paris, France, October 14, 2014. REUTERS/Benoit Tessier/File Photo

PARIS/MOSCOW (Reuters) - The $100 billion (73 billion pounds) overseas order book of Russia's nuclear power plant builder Rosatom -- bigger than all its Western competitors combined -- makes it look like the giant in its field.

But if the company -- formed in 2007 from the Russian Atomic Energy Ministry and tasked with turning nuclear power into a major export industry -- is ever to reach its potential as a global industrial giant, it will have to shed Russia's reputation for using energy policy as a means to political ends.

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