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Russia, China agree on nuclear deals

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Published: Nov. 7, 2007 at 4:08 PM
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BEIJING, Nov. 7 (UPI) -- Russia and China have signed a new deal on nuclear energy cooperation that will increase the number of Russian-built nuclear plants and fueling centers.

Atomstroyexport, the state-owned nuclear export company, will add two additional reactors at the Tianwan nuclear power plant in Jiangsu province, The Moscow Times reports.

The firm built the two 1,000 megawatt reactors at the plant, which began operation in May and July, respectively, this year. Each reactor costs about $2 billion and is about a five-year project.

“The Tianwan atomic station has become a glittering example of mutually beneficial cooperation between China and Russia in the sphere of nuclear energy,” Atomstroyexport said in a statement.

Tenex, Russia’s state-owned fuel company, will build a 500,000-unit gas centrifuge enrichment facility to make the uranium needed for the nuclear plants.

© 2007 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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