Russia and Argentina Signed a Strategic Document, Envisaging Improved Cooperation in the Peaceful Use of Nuclear Energy

Press release
Published December 10th, 2018 - 05:55 GMT
Rosatom
Rosatom

Russia and Argentina signed a Strategic document on the margins of the G20 summit, confirming their partnership in the peaceful use of nuclear energy. Both the President of the Russian Federation, Vladimir Putin, and the President of Argentina, Mauricio Macri, attended the official ceremony. Alexey Likhachev, Chief Executive of the State Atomic Energy Corporation “Rosatom”, signed the document on Russia’s behalf; Javier Iguacel, Argentina's Minister of Energy, signed it on Argentina’s behalf.

Rosatom CEO Alexey Likhachev said: “The signed document will allow us to broaden the existing cooperation with our Argentinian partners. All of us, at the State Atomic Energy Corporation “Rosatom”, are certain that this step will incentivise our mutually beneficial cooperation in the application of nuclear technology for peaceful purposes.

One of the fundamental areas of mutual cooperation outlined in the document, is the development of various project execution strategies to be applied to large and small capacity NPP construction projects in Argentina. The agreement also involves working on joint implementation projects in third world countries. This includes constructing research centres and developing staff capacity therein. Finally, the document provides the opportunity for joint cooperation in a plethora of areas, including: joint research and personnel training.

According to the document, the parties will also consider the possibility of a joint operation regarding a fleet of floating NPPs, based on Russian design. Taking into account the completed construction of the world’s first floating NPP “Akademik Lomonosov”.

A cooperation “roadmap” on the implementation of specific Russian-Argentine projects in the peaceful use of nuclear energies was also signed at the ceremony.

Background Information

ROSATOM

The State Atomic Energy Corporation ROSATOM is one of the global technological leaders. The company has assets and competencies to work at all stages of the nuclear production chain from uranium mining to decommissioning of nuclear facilities and spent nuclear fuel management.ROSATOM brings together about 400 enterprises and organizations, including the world's only nuclear icebreaker fleet. It is the largest electricity generating company in Russia, accounting for 18.7% of the country’s total generation of electricity. ROSATOM is the third in the world in nuclear power generation.The corporation is the global leader in simultaneous implementation of NPP power units and has the largest portfolio of foreign construction projects (36 NPP units in 12 countries). ROSATOM manufactures equipment and produces isotopes for nuclear medicine, carries out research and material studies. It also assembles supercomputers and designs software as well as different nuclear and non-nuclear innovative products. The company has business ventures covering various clean energy projects, including wind energy. ROSATOM has second largest uranium reserves and 17% of the global nuclear fuel market.

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