• 4 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 7 minutes Countries with the most oil and where they're selling it
  • 10 minutes Stack gas analyzers
  • 13 minutes What Would Happen If the World Ran Out of Crude Oil?
  • 33 mins US Military Spends at least $81 Billion Protecting OPEC Persian Gulf Oil Shipping Lanes (16% DoD Budget)
  • 4 hours Climate Change Protests
  • 5 hours Oil at $40
  • 8 hours U.S. Refiners Planning Major Plant Overhauls In Second Quarter
  • 5 hours "Undeniable" Shale Slowdown?
  • 7 hours China To Promote Using Wind Energy To Power Heating
  • 3 hours How many drilling sites are left in the Permian?
  • 23 mins Gas Flaring
  • 20 hours Mueller Report Brings Into Focus Trump's Attempts to Interfere in the Special Counsel Investigation
  • 9 mins Japan’s Deflation Mindset Could Be Contagious
  • 4 hours Negative Gas Prices in the Permian
  • 16 hours Ecoside
  • 1 day Trudeau Faces a New Foe as Conservatives Retake Power in Alberta

Canada to Refurbish and Expand Argentinean Nuclear Power Plant

Argentina has signed a $444 million contract with Canada’s SNC-Lavalin Group to renovate its Embalse Río Tercero nuclear plant.

The SNC-Lavalin Group is Canada's top engineering firm. The Embalse Río Tercero nuclear power plant is one of two NPPs in Argentina. The contracts were signed by the government’s 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 Argentina’s 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 Río Tercero NPP by three decades. The Embalse Río 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 Japan’s March debacle at Fukushima, Argentina is pressing forward with plans to build new NPPs to ease the country’s reliance on imported fossil fuels.

According to a government statement, the renovation of the Embalse Río Tercero NPP will be completed by 2016, although the refurbishment project will require taking the Embalse Río Tercero NPP offline for roughly 20 months, beginning in November 2013.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News