Argentina

Argentina and China sign contract for two reactors

China is to supply Argentina with two nuclear power reactors – one a Candu pressurised heavy water reactor (PHWR), the other a Hualong One pressurised water reactor (PWR). The contract was among 19 agreements signed yesterday in Beijing during a meeting of Chinese president Xi Jinping and Argentinean president Mauricio Macri.

China-Argentina May 2017 - 460 (CNNC)
The signing of the contract (Image: CNNC)

In November 2015, Argentina signed deals with China for the construction of its fourth and fifth nuclear power plants: a third Candu PHWR at the Atucha site and a PWR at an unspecified site. The projects were said to be worth around $15 billion, with China contributing 85% of the required financing, according to a statement issued at that time by the Argentine president’s office.

A memorandum of understanding affirming that agreement – made under the previous government of then-president Cristina Fernandez – was signed in June 2016 by Argentina’s minister of energy and mining Juan José Aranguren and Nur Bekri, director of China’s National Energy Administration.

Yesterday a general contract was signed between Nucleoeléctrica Argentina SA (NASA), China National Nuclear Corporation (CNNC) and CNNC subsidiary China Zhongyuan…

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