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Russian nuclear agency inks deal to supply nuke fuel to Ukraine in 2015 — CEO

November 21, 2014, 16:09 UTC+3 MOSCOW
All Ukrainian nuclear plants are still provided with Russia-produced fuel
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© ITAR-TASS/Yevgeny Kurskov

MOSCOW, November 21. /TASS/. Russian nuclear power corporation Rosatom has signed a contract to supply nuclear fuel to Ukraine’s nuclear power plants in 2015, Rosatom CEO Sergey Kiriyenko said at a conference on Friday.

“Now is not the easiest period in relations between our countries, but we have not disrupted nuclear fuel supplies once and now all Ukrainian nuclear plants are still provided with Russian-produced fuel,” Kiriyenko said.

“A contract has been concluded for all supplies in 2015.”

Kiriyenko also said that Ukrainian companies also fully meet their contract obligations.

“The Ukrainian partners have not missed payments, they pay on time, while we ensure supplies in full,” he said.

Rosatom’s 10-year order portfolio will amount to US $98 billion by the end of 2014, CEO Kiriyenko said.

At present, the company’s foreign order portfolio comprises 27 power units, excluding projects in Latin America, Europe, and South Africa, which are at the stage of negotiations, Kiriyenko said.

Nuclear energy in Ukraine

Ukraine imports about $600 million worth of nuclear fuel from Russia on the average annually, which is comparable with the indicators reported in first half of 2014 (279 million tonnes).

Nuclear power occupies one of the most prominent places in the Ukrainian economy. Over recent years, having only 22.8% of the installed capacity, nuclear power plants during autumn and winter maximum loads generated about 53% of the country's electricity. Currently there are 15 operating power units at four Ukrainian NPPs.

They are operated by the state-run company Energoatom.

The Zaporizhye nuclear plant with an installed generating capacity of 6,000 megawatt is the biggest energy facility in Ukraine and Europe. It generates about 50% of electricity produced by Ukraine’s nuclear plants and accounts for more than 22% of the aggregate electricity generation in the country.

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