
Russian President Vladimir Putin is to sign an agreement today, during a state visit to Moscow by Argentine President Cristina Fernndez de Kirchner, that paves the way for Rosatom to build a sixth nuclear reactor in the South American country.
Kirchner said in a statement yesterday that the agreement reflected the leaders shared belief that constructing nuclear power plants will be a trend across the world thanks to the appeal of low-cost electricity generation. Nuclear power is growing in prestige in the world, and it is cheaper, cleaner and less subject to external vulnerabilities, Kirchner said in the statement which was posted on her official website.
During her visit, the Rosatom nuclear fuel manufacturing subsidiary, TVEL, yesterday signed two memoranda of understanding with the National Atomic Energy Commission of Argentina and a design and construction company wholly owned by the government of the Argentinian province of Rio Negro. The documents were signed by TVEL vice president Felix Abolenin, Norma Boero, CNEA president, and Héctor Eduardo Otheguy, CEO of INVAP SE. Kirchner and Julio de Vido, Argentinan minister of federal planning, public investment and services, were present at the signing ceremony.
In a statement, TVEL said the memoranda provide for a broad cooperation and joint initiatives in the field of nuclear energy, including deliveries of low-enriched uranium fuel and its components for research and power reactors in Argentina, supplies of TVEL-manufactured zirconium components of the nuclear fuel cycle, and joint research and development projects. The parties have also undertaken to establish a bilateral working group to represent all stakeholders.