South Korea is in talks with two domestic oil refiners to supply oil to North Korea as part of a deal under which the reclusive state would shut down its reactor in return for aid.
Reuters 18th June 2007 http://investing.reuters.co.uk/news/articleinvesting.aspx?type=oilRpt&storyID=2007-06-18T024251Z_01_SEO218959_RTRIDST_0_KOREA-NORTH-PICTURE.XML
US nuclear envoy Christopher Hill said he hopes inspectors from the UN nuclear watchdog will be able to visit North Korea soon after a breakthrough in a snarled disarmament process.
Independent 18th June 2007 http://news.independent.co.uk/world/asia/article2669856.ece
North Korea has invited UN nuclear inspectors to discuss shutting down its Yongbyon nuclear reactor, in the first step towards implementing an international agreement aimed at disarming the communist state.
FT 18th June 2007 http://www.ft.com/cms/s/2f0f7ec8-1cfd-11dc-9b58-000b5df10621,_i_rssPage=7f5f6b12-2f66-11da-8b51-00000e2511c8.html
Utilities
EDF Energy has a won a four-year contract worth £1 billion to supply renewable energy to 300 government departments and civil service bodies. The deal, which includes the supply of electricity to Downing Street, is part of a government plan to convert public sector offices to green power. EDF Energy won the tender on the condition that a third of the power distributed to civil service and government offices would come from renewable sources. All leading suppliers were invited to tender for the “green energy” contract, commencing on October 1. The Government has said that all public sector departments will source at least 10 per cent of their power from renewable sources by March 2008. However, nuclear energy is not regarded as a renewable energy source.
Times 18th June 2007 http://business.timesonline.co.uk/tol/business/industry_sectors/utilities/article1945805.ece
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