Iran and Russia have signed a memorandum of understanding (MoU) to build nuclear Small Modular Reactors (SMR) capable of generating maximum electrical power of 300 Megawatts electric (MWe) to be installed at the planned Iran Hormuz nuclear power plant site with a 5,000 MWe capacity.
President of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami and Director General of the Russia’s State Atomic Energy Corporation Rosatom Alexey Likhachev signed the MoU in Moscow during World Atomic Week at ATOMEXPO.
“These reactors will play an important role in the development of nuclear technical knowledge and technology and industries related to the manufacturing of power plant equipment and devices in the country,” the AEOI Public Relations Office said in a news release.
“In addition, the achievement of Small Modular Reactors technology can provide new capacity to supply power to large industries and create balance in the country's electricity grid,” read the press release available on the AEOI website.
Eslami said that contracts on constructing the small-size reactors will be signed accordingly to launch the major Iran Hormuz nuclear power plant site in the southern Hormuzgan Province along the Persian Gulf and Oman Sea.
“5,000 MW of nuclear power will be generated at the Iran Hormuzugan site,” he added.
Bushehr's first 1000-Megawatt nuclear power plant
Iran’s Persian Gulf province of Bushehr is hosting its first ever 1000-Megawatt nuclear power plant which was built and connected to the national grid in 2012 based on an agreement with Rosatom.
The Russian company took over the project after the German Siemens company withdrew from its 1974 contract with Iran following the Islamic Revolution which ousted the pro-west shah monarchy in 1979.
Sanctions
In the meantime, Tehran and the European powers are at loggerheads at the United Nations Security Council over a possible return of the nuclear sanctions if they fail to reach an agreement by 28 September.
The European troika of France, Germany and the UK have laid down the three conditions of resumption of nuclear talks with the U.S., return of the inspectors of the International Atomic Energy Agency (IAEA), and access to the stockpiled enriched uranium in return for a limited suspension of the sanctions.
Iran cut off the mediated nuclear negotiations with the United States and suspended the ties with the UN nuclear watchdog after its major civilian nuclear sites were bombed by Israel and U.S. last June.
In Tehran, the Chairman of the Parliamentary Commission on National Security and Foreign Policy Ebrahmi Azizi ruled out direct talks with Washington saying that remarks by the U.S. nuclear negotiator, Steve Witkoff, regarding talks with Tehran are a “lie”.
Witkoff said at the Concordia Annual Summit that the U.S. is interested in negotiating with Iran and added, "We're talking to them (Iran) ... Why wouldn't we?"
The Iranian lawmaker also warned that if the snapback mechanism of UN nuclear sanctions is activated, the Iran-IAEA cooperation deal signed this month in Egypt will be null and void.
The Iranian President Masoud Pezeshkian and Foreign Minister Abbas Araghchi are in New York to take part at the 80th General Assembly of the United Nations with a crucial last-minute working agenda to prevent re-imposition of the UN nuclear sanctions.
Iran’s Parliament is set to discuss withdrawing from the Non-Proliferation Treaty (NPT) on Sunday coinciding the date the pre-2015 sanctions could be re-instated.
Tajikistan tripled fuel imports from neighbouring Central Asian countries in July after deliveries from Russia declined sharply, underscoring how disr...
Morocco has expressed its readiness to work with Spain and other European partners to identify and return unaccompanied minors following the mass arri...
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “...
Shipping traffic through the Strait of Hormuz and the Bab el-Mandeb Strait, two key maritime chokepoints in the region, decreased significantly from the previous day, according to shipping data.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 6th of August, covering the latest developments.
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “soon”.
Kazakhstan’s main oil export corridor was disrupted by drone strikes near Russia’s Black Sea coast in July, forcing a temporary suspension of crude loadings and raising fresh concerns over the vulnerability of regional energy infrastructure to the war in Ukraine.
Extreme heat and historically low river levels are forcing nuclear power plants across Southeast Europe to reduce production, increasing pressure on already stretched electricity supplies and prompting governments to call for lower consumption.
Azerbaijan’s State Oil Fund (SOFAZ) has made its first investment in Latin America, acquiring an indirect stake in Peru’s largest independent electricity producer, Inkia Energy, as part of its strategy to diversify its global investment portfolio.
Uzbekistan and Kazakhstan will remove tariff and non-tariff barriers affecting around 20 product categories from 10 August, in a move designed to facilitate cross-border trade and support businesses in both countries.
President Masoud Pezeshkian has defended his administration's economic performance under longstanding Western sanctions and severe wartime conditions, saying barter trade with neighbouring countries has expanded to help Iran cope with financial restrictions, according to his office.
Armenian Prime Minister Nikol Pashinyan has said that Armenia currently has no option to join the European Union as an alternative to its membership in the Eurasian Economic Union (EAEU).
Tajikistan tripled fuel imports from neighbouring Central Asian countries in July after deliveries from Russia declined sharply, underscoring how disruptions to Russian exports are prompting governments across the region to seek alternative suppliers.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment