Louisiana Light • 2 days | 86.21 | -0.05 | -0.06% | |||
Bonny Light • 1 day | 87.76 | -0.66 | -0.75% | |||
Opec Basket • 2 days | 85.92 | +0.49 | +0.57% | |||
Mars US • 146 days | 77.67 | -1.57 | -1.98% | |||
Gasoline • 15 mins | 2.720 | +0.036 | +1.33% |
Bonny Light • 1 day | 87.76 | -0.66 | -0.75% | |||
Girassol • 1 day | 87.46 | -0.69 | -0.78% | |||
Opec Basket • 2 days | 85.92 | +0.49 | +0.57% |
Peace Sour • 7 hours | 74.10 | -0.27 | -0.36% | |||
Light Sour Blend • 7 hours | 73.60 | -0.27 | -0.37% | |||
Syncrude Sweet Premium • 7 hours | 82.35 | -0.27 | -0.33% | |||
Central Alberta • 7 hours | 74.00 | -0.27 | -0.36% |
Eagle Ford • 2 days | 78.10 | -0.33 | -0.42% | |||
Oklahoma Sweet • 2 days | 78.00 | -0.25 | -0.32% | |||
Kansas Common • 2 days | 71.75 | -0.50 | -0.69% | |||
Buena Vista • 3 days | 85.65 | +1.02 | +1.21% |
There are a number of…
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Argentina has signed a $444 million contract with Canadaâs SNC-Lavalin Group to renovate its Embalse RÃo Tercero nuclear plant.
The SNC-Lavalin Group is Canada's top engineering firm. The Embalse RÃo Tercero nuclear power plant is one of two NPPs in Argentina. The contracts were signed by the governmentâs state-owned Nucleoelectrica Argentina, and Candu Energy Inc., a SNC-Lavalin subsidiary.
The agreement provides for the transfer of Canadian technology and assistance in developing Argentinaâs manufacturing of nuclear reactor components, Mercopress news agency reported.
Under terms of the agreement, the SNC-Lavalin Group refurbishment will extend the life of the Embalse RÃo Tercero NPP by three decades. The Embalse RÃo Tercero NPP, in Cordoba province, came online twenty-seven years ago and currently has a production capacity of 648 megawatts.
Only Argentina, Brazil and Mexico among Latin American countries operate nuclear energy plants, and despite rising international concern after Japanâs March debacle at Fukushima, Argentina is pressing forward with plans to build new NPPs to ease the countryâs reliance on imported fossil fuels.
According to a government statement, the renovation of the Embalse RÃo Tercero NPP will be completed by 2016, although the refurbishment project will require taking the Embalse RÃo Tercero NPP offline for roughly 20 months, beginning in November 2013.
By. Charles Kennedy, Deputy Editor OilPrice.com
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