were reached. In the 1990s, Russia formed a joint research organization with Iran, providing Iran with Russian nuclear experts and technical information. 1970s The Shah approved plans to construct up to 23 nuclear power stations by 2000. In March 1974, the Shah envisioned a time when the world's oil supply would run out, and declared, "Petroleum is a noble material, much too valuable to burn ... We envision producing, as soon as possible, 23,000 megawatts of electricity using nuclear plants." US and European companies scrambled to do business in Iran. Bushehr, the first plant, would supply energy to the city of Shiraz. In 1975, the German firm Kraftwerk Union AG, a joint venture of Siemens AG and AEG, signed a contract worth $4 to to build the pressurized water reactor plant. Construction of the two 1,196 MWe reactora was to have been completed in 1981. In 1975 Sweden's 10 percent share in Eurodif went to Iran. The French government subsidiary company Cogéma and the Iranian Government established the Sofidif (Société franco–iranienne pour l'enrichissement de l'uranium par diffusion gazeuse) enterprise with 60 and 40 percent shares, respectively. In turn, Sofidif acquired a 25 percent share in Eurodif, which gave Iran its 10 percent share of Eurodif. The Shah lent dollars (and another dollars in 1977) for the construction of the Eurodif factory, to have the right of buying 10 percent of the production of the site. In 1976, US President Gerald Ford signed a directive offering Iran the chance to buy and operate a US-built reprocessing facility for extracting plutonium from reactor fuel. The Ford strategy paper said the "introduction of nuclear power will both provide for the growing needs of Iran's economy and free remaining oil reserves for export or conversion to petrochemicals." A 1974 CIA proliferation assessment stated "If [the Shah] is alive in the mid-1980s ... and if other countries [particularly India] have proceeded with weapons development we have no doubt Iran will follow suit." Post-revolution, 1979–1989 Following the 1979 Revolution, most of the international nuclear cooperation with Iran was cut off. Kraftwerk Union stopped work at the Bushehr project in January 1979, with one reactor 50 percent complete, and the other reactor 85 percent complete, and fully withdrew from the project in July 1979. The company said they based their action on Iran's non-payment of in overdue payments, while other sources claim it was due to American