China Signs 15 Billion Nuclear Deal with Argentina—Reuter

[Dungeness]

Argentina says signs nuclear plant construction deals with China
Industries| Sun Nov 15, 2015 11:46am EST BUENOS AIRES


Nov 15 Argentina has signed two nuclear power plant construction deals with China for about $15 billion, the Argentine government said in a statement on Sunday, 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.

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. (Reporting by Maximilian Heath; Editing by Leslie Adler)


Read more at Reutershttp://Argentina says signs nuclear plant construction deals with China| Reuters

 

[Dungeness]

Argentina says signs nuclear plant construction deals with China
Industries| Sun Nov 15, 2015 11:46am EST BUENOS AIRES


Nov 15 Argentina has signed two nuclear power plant construction deals with China for about $15 billion, the Argentine government said in a statement on Sunday, 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.

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. (Reporting by Maximilian Heath; Editing by Leslie Adler)


Read more at Reutershttp://Argentina says signs nuclear plant construction deals with China| Reuters

Way to go, China!

 

[UKBengali]

Good to see China progressing in this area.

The more competition, the lower the prices for nuclear power plants for countries
that cannot build their own.

 

[Dungeness]

Argentina signs pacts with China to build 2 new nuclear plants
Published November 15, 2015
EFE

The governments of Argentina and China on Sunday signed several agreements to build the South American country's fourth and fifth nuclear power plants for an investment of $14 billion, government officials said.

The pacts were inked within the framework of the G20 summit taking place in the Turkish seaside resort of Antalya, the Argentine President's Office said on its Web page.

The fourth nuclear center will have a heavy water reactor and will be established in the city of Lima, in Buenos Aires province, where the Atucha atomic complex is already operating.

The fifth facility, which will be built at a yet-to-be-determined site, will operate with enriched uranium and light water.

China will finance 85 percent of the construction costs of both plants.

The agreements were signed by the president of Nucleoelectrica Argentina, Jose Luis Antunez, and the head of China's CNNC nuclear firm, Quian Zhimin, in the presence of officials from both countries.

"These contracts ... are going to ensure our energy supply in the future," said Argentine Economy Minister Axel Kicillof after the signing ceremony, according to remarks quoted on the Web page.

Meanwhile, Argentina's federal planning minister, Julio de Vido, emphasized that the signing of the pacts is "a basic step in diversifying the energy matrix, increasing the participation of the nuclear sector."

Under the presidency of Cristina Fernandez, Argentina and China have signed numerous accords for energy infrastructure investment, both to build nuclear centers and hydroelectric dams as well as transportation infrastructure, including revamping the equipment and infrastructure of Belgrano Cargas, the country's main cargo railway. EFE

Argentina signs pacts with China to build 2 new nuclear plants | Fox News Latino

Argentina government said the deal is about $15 billion, but China was reporting $6 billion. Interesting!

CNNC signed a deal on building Argentina’s fourth nuclear plant - Global Times

 

[Ind4Ever]

China is more or less like a black market where all failed States can make deals with.

 

[Dungeness]

China is more or less like a black market where all failed States can make deals with.

yap, this from a country half of its population have to use cow dung to roast their daily roti.

 

[sixth]

China is more or less like a black market where all failed States can make deals with.

India to buy $7B of power plant equipment from China
India to buy $7B of power plant equipment from China

yeah~, the largest failed States buying from the black market.

 

[Indika]

yap, this from a country half of its population have to use cow dung to roast their daily roti.

Thx your Cow "Dung"---eness .

 

[Beast]

China is more or less like a black market where all failed States can make deals with.

Argentina can export more cow and diary products for huge China market for consumption.

And to pay for nuclear deal.

 

[Dungeness]

Argentina can export more cow and diary products for huge China market for consumption.

And to pay for nuclear deal.

1/3 population don't have electricity access, 40% perform open defecation, 50% using cow dung as fuel to cook meals, and they have the nerve to call country like Great Britain, Argentina as failed country!

 

[Dungeness]

Argentina, China seal US$15B nuclear deal - BuenosAiresHerald.com

But China is still reporting $6 Billion

China Signs $6 billion Nuclear Plant Deal with Argentina - People's Daily Online

 

[Economic superpower]

China is more or less like a black market where all failed States can make deals with.

Including your failed state

 

[LeGenD]

Impressive move.

China is carving its own path of influence in world politics.

 

[Shotgunner51]

Argentina, China seal US$15B nuclear deal - BuenosAiresHerald.com
Monday, November 16, 2015

Nucleoeléctrica Argentina head Jose Luis Antunez signs the agreement yesterday with his Chinese counterpart as Planning Minister Julio De Vido and Economy Minister Axel Kicillof look on.


Argentina and China have signed numerous accords for energy infrastructure investment, both to build nuclear centers and hydroelectric dams (two in Santa Cruz called Kirchner and Cepernic, a project that worths US$4.7 billion) as well as transportation infrastructure, including revamping the equipment and infrastructure of Belgrano Cargas, the country's main cargo railway.

 

[TaiShang]

Panda goes nuclear. Nice.

It is even nicer when thinking about within the context of the geopolitics of Latin America.