China, Jordan Negotiate to Build Nuclear Power Reactor in Middle Eastern Country
Xu Wei
DATE:  Dec 15 2017
/ SOURCE:  Yicai
China, Jordan Negotiate to Build Nuclear Power Reactor in Middle Eastern Country China, Jordan Negotiate to Build Nuclear Power Reactor in Middle Eastern Country

(Yicai Global) Dec. 15 -- Jordan is in talks with China on possible construction of a nuclear power reactor in the Middle Eastern country. The plant will serve as a supplement to another nuclear power station project Jordan undertakes with the participation of Russia, state-run Sputnik news agency quoted Kamal Al Araj, vice chairman of Jordan Atomic Energy Commission, as saying.

Jordan is negotiating with China that is willing to build a nuclear reactor in another area of the Middle Eastern country, but has made no official offer yet, said Kamal Al Araj. The project is estimated to cost USD4 billion. However, Jordan would like to see some competition between China and Russia over the country's nuclear projects, Al Araj pointed out.

Jordan signed an intergovernmental agreement with Russia in 2015 to build and operate a USD10 billion nuclear power plant. Russia's Rosatom State Nuclear Energy Corporation will own 49 per cent of the project, while Jordan will hold 51 percent stake. It is the largest project deal signed between the two countries.

China can also participate in the Rosatom project without direct involvement of nuclear technologies, Al Araj suggested without elaborating.

Last month, Jordan signed an agreement with Rolls-Royce Holding [LON:RR] to conduct a technical feasibility study to build a small modular nuclear reactor program for the generation of electricity. It also held talks last year with a number of companies including Shanghai Electric Group Co. [SHA:601727; HKG:2727] and China National Nuclear Corporation to provide the Rosatom plant with necessary electric systems and turbines for the two reactors that will be built under the program, Jordan Times reported.

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Keywords:   RUSSIA,Jordan,Nuclear Power Station,Rosatom