11:07 04.04.2014

Ukraine expects to sign reactor fuel contract with Westinghouse next week

1 min read

Energoatom, Ukraine's national nuclear power company, and Westinghouse Electric Sweden AB plan to sign a contract next week on supplies of nuclear fuel for three reactors, Energy and Coal Industry Minister Yuriy Prodan said on Thursday.

"Work on signing a contract with Westinghouse, an alternative supplier of nuclear fuel to Ukraine, was virtually frozen the past two years. Next week, I hope, Energoatom will sign a contract with Westinghouse on the supply of nuclear fuel to charge three reactors," Prodan said at a press conference.

He also said work has been stepped up with Holtec International of the United States on the construction of a centralized dump for spent nuclear fuel.

"In this time [since the project was begun], there has been a substantial increase in the price of the contract, but we are now holding negotiations in order to find sources of financing. This is a very important project for Ukraine because we can get from Russia the spent fuel that was at one time shipped there for temporary storage," Prodan said.

AD
AD
AD
AD
AD