UPDATE 5: Concerns over third reactor stability at Fukushima nuclear plant

According to Jiji Press, TEPCO, the plant operator, said that a fuel rod meltdown in reactor No.2 of the Fukushima nuclear power complex could not be ruled out after water levels fell dramatically.
 
However, the Japanese government told Kyodo that an explosion at the reactor was unlikely.
 
Technicians are reported to be frantically injecting seawater into reactor No.2 to stabilize it.

In related news, the Russian deputy prime minister, Igor Sechin, has confirmed to AFP that Russia is ready to divert 6000 MW of electricity to Japan to help ease the country’s power shortfall following Friday’s earthquake and subsequent devastating tsunami.

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