|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Argentina

Argentina Signs Pacts with China to Build 2 New Nuclear Plants

BUENOS AIRES – 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.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved