Cheap Nuclear Reactors Are Russia's Ace
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Russia, one of the world's biggest oil and gas exporters, aims to become a global leader in nuclear power, too. State-owned nuclear group Rosatom now has 15 reactors under construction worldwide, more than any other international supplier (table, bottom of story). Five of the 15 are outside Russia, and more are coming soon.
On Sept. 26, Rosatom announced a deal to supply two reactors to China, in addition to two it has already built. "China's not even the No. 1 priority now, as we have larger-scale partnerships in India, Turkey, and in the future, Vietnam," Rosatom Chief Executive Officer Sergei Kiriyenko said.