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. Last Updated: 07/27/2016

Mir Financing Sought

MOSCOW -- Russia's Energiya Space Corp. is studying options for financing the further operation of the Mir space station.

A lot of technical details must be ironed out, and it's premature to set a date for wrapping up this work, said Vladimir Nikitsky, Energiya's deputy general director.

Nikitsky did not name possible investors or creditors. "Talks with them are complex" and face numerous obstacles, he said. "The mentality of Eastern and Western businessmen differs. Agreements and commercial projects have to be revised all the time. Energiya's experts are dealing with this; conditions have been set for implementing these agreements and projects."