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Lithuania's Ignalina nuclear power plant, which halted one of its two reactors last year, posted Monday a first-half profit of 52.4 million litas (15.2 million euros, 18.5 million dollars), 18.7 times more than in the same period a year earlier. First half sales decreased by 20 percent to 303.9 million litas. "Profit increased due to lower costs, first of all cheaper fuel," Eugenijus Grumskas told AFP. Ignalina costs totaled 250.2 million litas, down from 301.7 million litas in first half of 2004, he added. However, according to Grumskas full-year profits will be much lower as the remaining reactor will be halted for repairs in September. One of the two Chernobyl-type RBMK reactors was halted at Ignalina on December 31, 2004 in line with commitments made by Lithuania to the European Union. The Baltic country also pledged to close the plant completely in 2009. But the Lithuanian government is considering building a new nuclear plant using Ignalina's infrastructure and has already ordered a feasibility study. All rights reserved. © 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.
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