30448
Argentina, China Sign Nuclear Plant Deals
Energy

Argentina, China Sign Nuclear Plant Deals

Argentina has signed two nuclear power plant construction deals with China for about $15 billion, the Argentine government said in a statement, calling the deals "a fundamental step toward diversifying our energy matrix."
The plants will add 1,750 megawatts to the energy already produced by three nuclear power plants in Argentina, Reuters reported. Mexico, Brazil and Argentina are the three Latin American countries that currently generate nuclear power.
"Between both deals we are talking about financing of close to $15 billion" over 18 years, the Argentine statement said. Argentina's Ministry of Federal Planning also announced in a press release that "the contracts and agreements on building the fourth and fifth nuclear plants in Argentina have been signed" in Antalya, Turkey, where the G20 Leaders Summit was held.
Under the agreements, China's third-generation nuclear reactor design, known as the Hualong One design, will be used in the fifth nuclear plant in Argentina, a key emerging market for Chinese companies.

Short URL : http://goo.gl/Sy3XJI
  1. http://goo.gl/YGBbdz
  • http://goo.gl/RGNKsq
  • http://goo.gl/1KiojW
  • http://goo.gl/7NFIOr
  • http://goo.gl/wMC9jt

You can also read ...

Shipments in the first two weeks of the month were 4.05 million bpd, the highest since November 2016.
Iraq exported oil at the fastest pace since late 2016 during...
Investment in new conventional capacity is set to plunge in 2018 to about one-third of the total.
As the world’s energy sector moves toward greater...
Iran's June Onshore Oil Stocks Up 3.2m Barrels
Iran’s onshore oil stocks rose 3.2 million barrels in June...
Oil Prices Fall on Rise in US Stocks
Oil prices fell on Wednesday after news of a rise in US crude...
India Faces Iran Dilemma
The US embargo on Iran's oil shipments has put Indian Prime...
Power Supply to Iraq Cut  Over Rising Domestic Demand
Energy Minister Reza Ardakanian said on Tuesday Iran has cut...
Petrochem Company Indigenizes Equipment
In spite of international restrictions on accessing cutting-...
Gas Consumption Rising
Iran’s daily gas consumption hit 521 million cubic meters on...

Trending

Googleplus