Tehran and Moscow have signed a $25bn deal to build four nuclear power reactors in southern Iran, according to Iranian state media.

Friday’s announcement comes as the United Nations Security Council is expected to vote on a China- and Russia-backed resolution seeking delay, for at least six months, in the reimposition of international sanctions against Iran under the so-called “snapback mechanism” over its nuclear programme.

Iran’s IRNA news agency reported that the deal covers the construction of four new units on a 500-hectare (1,235-acre) site in the city of Sirik in the southern Hormozgan Province, which sits across the Gulf from the United Arab Emirates and Oman.

IRNA said the Generation III power reactors would generate 5GW of electricity.

Russia’s state nuclear agency Rosatom

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