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The international battle to market nuclear technology to South Africa

flag-S.AfricaGeopolitics key in battle to gain SA’s nuclear nod, IOL Zambia, December 23 2014 By BloombergPaul Burkhardt and Franz Wild POLITICS may tip the balance as Russia’s Rosatom and France’s Areva prepare to battle it out for South Africa’s planned nuclear energy project that could cost $100 billion (R1.2 trillion).fighters-marketing-1

“Geopolitical and industrial relations between South Africa and the nuclear-vendor countries will play an important role,” Des Muller, the head of Johannesburg-based building company Group Five’s nuclear construction division, said last week. “It does with all major infrastructure projects and more so on nuclear infrastructures where reliance on nuclear safety and construction know-how is paramount.”

South Africa could pay as much as $100bn spread out over a period of 15 years for nuclear reactors to provide 9 600 megawatts of power, Muller said………

“The South African government has stressed that through the new build process we wish to revitalise a nuclear industry in South Africa with a view to long-term self-sufficiency,” Xolisa Mabhongo, the group executive corporate services at the Nuclear Energy Corporation of SA, or Necsa, said in response to questions………

Russia might already have a head-start as President Jacob Zuma fostered stronger economic co-operation with the country and China in a shift from his Western and Africa-leaning predecessor Thabo Mbeki, Robert Besseling, an analyst with IHS Country Risk, said.

The Soviet Union and then Russia historically kept close ties with the ruling ANC from the days in which it was battling against the apartheid regime. Under Zuma’s watch, South Africa was incorporated into the Brics alliance with Brazil, Russia, India and China.

“Considering the much stronger relationship between the Zuma presidency and the Russian government than under the previous South African administration, it looks much more likely that the expansion of the nuclear programme will be awarded to Russia,” Besseling said………http://www.iol.co.za/business/news/geopolitics-key-in-battle-to-gain-sa-s-nuclear-nod-1.1798374#.VJsqssA8

December 24, 2014 - Posted by | marketing, South Africa

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