MOSCOW, Oct. 4 (Xinhua) -- Russia's state nuclear corporation Rosatom and the Department of Energy of the Philippines on Friday sign an agreement to study the possibility of building a nuclear power plant in the Philippines, RIA Novosti news agency reported.
The agreement of intent was signed at the Russian-Philippine business forum in Moscow timed with the visit of Philippine President Rodrigo Duterte to Russia, the agency said.
It quoted Rosatom's CEO Alexei Likhachev as saying that Russia proposed to the Philippines a project to build a floating nuclear power plant.
The Philippines built a nuclear power plant in 1980s in response to an energy crisis, but it never went into operation for fear of disasters over the decades.
Russia's first floating nuclear power plant Akademik Lomonosov docked at the port of Pevek in the far eastern Chukotka peninsula last month and is expected to start generating electric energy before the end of the year.