“Negotiations are continuing with the Islamic Republic of Iran for the construction of an oil refinery,” Prime Minister Apolinaire Kyelem told the members of the parliament. He added that a memorandum of understanding had also been signed with Ghana for the construction of a multi-product pipeline to supply Burkina Faso with hydrocarbons.
How does Burkina Faso get its electricity?
The deal is part of Burkina Faso’s target to achieve 95% electricity access for urban areas and 50% for rural areas by 2030. Burkina Faso gets most of its electricity from biofuels like charcoal and wood while oil products account for one-third of the total energy supply, according to the International Energy Agency.
Will Burkina Faso build a nuclear power plant?
Burkina Faso’s military leaders have signed a deal with Russia to build a nuclear power plant to increase electricity supplies. It is the junta’s latest move to align itself with Russia after falling out with most of its Western partners. The junta has turned to Russia for economic and military support since it seized power last year.
What is Russia’s Atomic Energy agreement with Burkina Faso?
Russia’s state atomic energy agency Rosatom said in a statement that "the memorandum is the first document in the field of the peaceful use of atomic energy between Russia and Burkina Faso." It said the agreement laid the foundations for cooperation in areas including the use of nuclear energy in industry, agriculture and medicine.