PARIS: Ukraine’s state nuclear power company Energoatom said that it has signed an agreement with French energy conglomerate AREVA on supplies of enriched uranium for Ukraine’s nuclear reactors.
This contract is a real step towards diversification of supplies of nuclear materials for Ukrainian nuclear power plants,” Yuri Nedashkovsky, the head of Energoatom, was quoted by the company’s press service as saying.
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AREVA won the tender to supply Ukraine with nuclear fuel because it has “minimized the risks for Energoatom and offered attractive pricing policy”, Energoatom’s press service said in a statement, without disclosing details and timelines of the contract.
Currently, Ukraine imports enriched uranium from the Russian state-owned fuel group TVEL and the U.S.-based Westinghouse Electric Company.
Ukraine, where nuclear energy accounts for over half of power generation, heavily depends on nuclear fuel for its 15 reactors in four nuclear power plants.
