Argentina to expand nuclear program

By BILL CORMIER, Associated Press Writer
Wed Aug 23, 10:39 PM ET

Argentina announced an ambitious plan Wednesday to expand its nuclear
program to meet rising energy demands, including extending the life of
existing plants and possibly resuming uranium mining.

At a Government House news conference, Planning Minister Julio de Vido
said the plan calls for increasing the life span of the aging Atucha I
and Embalse nuclear power plants and completing construction by 2010
on the long-stalled Atucha II plant.

Two decades of delays have hampered completion of the Atucha II
project, located some 75 miles northwest of the capital of Buenos Aires.

The nearby Atucha I facility has been operating since the mid-1970s,
in conjunction with the Embalse plant in central Argentina.

The planning minister was flanked by President Nestor Kirchner, who
did not comment on the plan nor on a report by the leading newspaper
Clarin saying the nuclear program could cost the government $3.5
billion over eight years.

"When this government took office in 2003, the nuclear energy sector
was reactivating," De Vido said. "Today we come to establish a
strategic plan for the Argentine nuclear energy sector for the coming
years."

The program calls for large-scale power generation to meet
fast-growing energy demands, amid careful regulation by national
authorities. Among other steps, De Vido announced plans for "concrete
steps" toward resumption of uranium mining.

De Vido did not comment on a Clarin report that Argentina might revive
a uranium enrichment program shut down in 1983 due to budget
constraints. Enrichment provides the fuel needed to operate such
nuclear plants, but can also be a central to building nuclear weapons.

Argentina, one of the leading Latin American nations in nuclear power
generation, has had to stave off potential energy shortfalls in recent
years.

The move comes as Argentina and Brazil are seeking new energy sources
to counter crude oil prices that have passed $70 a barrel, along with
soaring prices in natural gas and other fuels.

Last May, Brazil inaugurated a uranium enrichment center capable of
producing nuclear fuel. The center is expected to save South America's
largest economy millions of dollars that the country now spends to
enrich fuel at Urenco, the European enrichment consortium.

Both nations have stressed the strictly peaceful nature of their
nuclear programs, given a backdrop of international pressure against
Iran to halt expansion of its nuclear program. Washington has
cautioned Iran that it will seek sanctions in the U.N. Security
Council if Tehran does not step enriching uranium.

Copyright © 2006 The Associated Press. All rights reserved. The
information contained in the AP News report may not be published,
broadcast, rewritten or redistributed without the prior written
authority of The Associated Press.






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