SCW NEWSWATCH: “Russia signs pact for six nuclear reactors on new site in India” – Reuters

Asia Map, adapted from image at cia.gov by Steven C. Welsh :: www.stevencwelsh.com :: www.stevencwelsh.info

“India and Russia … signed a pact to build six more nuclear reactors at a new site in India following summit talks …. Russian President Vladimir Putin and Indian Prime Minister Narendra Modi also agreed to cooperate on India’s plan for a manned space mission. Russian state-owned reactor manufacturer Rosatom said … the two countries want to build six Russian-design nuclear reactors on a new site in India, boost nuclear cooperation in third countries and new nuclear technologies and are considering building nuclear plants together. The firm said Russia would offer to build its third-generation VVER reactor on the new site and would increase the level of participation of Indian companies ….

[T]he pact is not a firm contract … but an agreement to work toward a contract. … India has not chosen the new site yet, which could be controversial …. Last year, the Russian and Indian governments signed an agreement to build reactors 5 and 6 on the site and Putin said at the time that Russia is ready to build a dozen reactors in India over … 20 years. …”

Click here for: “Russia signs pact for six nuclear reactors on new site in India” – Reuters







SCW NEWSWATCH & VIDEO: “Saudis and Russia Open the Oil Taps While the Market Shrugs” – Bloomberg/ Elena Mazneva/ Annmarie Hordern/ Dina Khrennikova/ Grant Smith/ Jack Farchy

Oil Wells and Sunset

“Russia and Saudi Arabia are pumping an extra 1 million barrels a day of oil and could do even more. Yet the market [has had only a muted price reaction]. After their September meeting … spurred prices to a four-year high, the world’s two largest oil exporters sought … to ease … price worries of consumers, and the U.S. president. Russia is pumping record volumes of crude … Saudi Arabia is almost there ….

… Trump has been blaming [OPEC] for rising crude prices ever since he [ended] the [Iran] nuclear agreement … and reimpose[d] sanctions. Last month, the group appeared to rebuff his calls for a rapid production increase to offset the drop in Iranian shipments, prompting a surge in prices and even harsher rhetoric. … Russia … already broke its post-Soviet production record last month [and] could add another 200,000 to 300,000 barrels a day of supply within a ‘few months,’ according to Energy Minister Alexander Novak. The oil price is … probably ‘a bit too high,’ he said ….”

Click here for: “Saudis and Russia Open the Oil Taps While the Market Shrugs” – Bloomberg/ Elena Mazneva/ Annmarie Hordern/ Dina Khrennikova/ Grant Smith/ Jack Farchy










SCW RUSSIA WIRE NEWSWATCH: “Sudan/Russian Nuclear Power Cooperation Poses Proliferation Risks”- Institute for Science and International Security/David Albright, Sarah Burkhard, Allison Lach, Bridget Leahy, Andrea Stricker

Sudan Flag, Africa Map Highlighting Sudan, Map of Sudan and Environs, adapted from images at cia.gov

“Reuters reported on March 13, 2018 that Russia has agreed to sign a ‘roadmap’ with Sudan on building nuclear power stations. However, Sudan has poor export controls, no adherence to nuclear power safety or nuclear terrorism conventions, and weak safeguards standards. Its neighbors also maintain poor implementation of these preventions against nuclear material and commodity theft or diversion. Russia should not build nuclear reactors in Sudan. Sudan should instead bolster its infrastructure so that it can at some point in the future underpin a well safeguarded nuclear power program backed by robust, internationally-acceptable strategic export controls.”

Click here for: “Sudan/Russian Nuclear Power Cooperation Poses Proliferation Risks”- Institute for Science and International Security/David Albright, Sarah Burkhard, Allison Lach, Bridget Leahy, Andrea Stricker