31 Jul 2025 22:05

Rosatom, Laotian Industry and Trade Ministry sign roadmap on peaceful atom for 2025-2026

MOSCOW. July 31 (Interfax) - The state-run company Rosatom and the Laotian Industry and Trade Ministry signed a roadmap on peaceful use of nuclear energy in 2025-2026. The document was signed during Laotian President Thongloun Sisoulith's visit to Russia.

"The agreements on peaceful atom signed during the talks create a foundation to provide the Laotian economy with cheap and environmentally safe energy," Russian President Vladimir Putin said.

Rosatom and Laos already signed a roadmap in the sphere of peaceful nuclear energy in September 2017, and the corresponding memorandum had been signed the year before. Sinava Souphanouvong, Laos's then-deputy energy and mines minister, said in an interview with Rosatom's corporate media outlet in August 2015 Rosatom and Laos were discussing the possibility of building a two-unit nuclear power plant.

Rosatom will have some other facilities abroad, both in the nearby and in more distant countries, in the near future, Rosatom General Director Alexei Likhachev said in May 2025.

In 2024, Rosatom's foreign ten-year contracts portfolio reached $128.8 billion and the company's portfolio for the entire life cycle reached $200.4 billion.