ARGENTINA TAPS CHINA FOR NUCLEAR PLANTS – BUT DISCUSSIONS GO ON
May 26th, 2015
A USD13 billion deal agreed by China to build two reactors for Argentina hinges entirely on the Chinese side putting up the financing, with a final arrangement on the cash deal to be inked in 2017. That’s according to sources in the Chinese nuclear industry. “CNNC [the China National Nuclear Corporation] signed the deal but it and several Chinese government agencies involved are demanding that the loan from China be contingent on Chinese companies being given priority in all aspects, including design, construction and fuel cycle,” according to a Chinese ...
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