Are Rosatom’s plans in Egypt a pipedream? Experts are saying many of Rosatom’s overseas agreements, including one with Egypt, have “little chance of turning into firm contracts” considering many of the countries are “decades away” from being able to use nuclear energy due to a lack of “experience with nuclear power, shortage of capital and grids that are unsuitable,” Reuters reports. “The Russians are increasingly viewing their energy fuels and technologies as a lever for foreign policy," said Carnegie Endowment for International Peace associate Mark Hibbs, a reputation Rosatom needs to shed. "Rosatom is pretty good at announcing [EUR 100 bn] of orders in 25 countries, but not an awful lot of these are firm contracts, they are just bits of paper," said Steve Kidd at East Cliff Consulting. We had reported yesterday that Finance Minister Amr El Garhy and Electricity Minister Mohamed Shaker were in Russia for talks on the Daba’a nuclear power plant agreement.