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Russia and Ukraine agree upon preliminary terms of uranium supplies in 2016

November 03, 2015, 16:18 UTC+3
The Ukrainian side assured the Russian side cooperation in 2016 will continue using the model employed in previous years
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© Ilya Yakovlev/ITAR-TASS

MOSCOW, November 3. /TASS/. Russia’s International Uranium Enrichment Center (IUEC) affiliated with Rosatom and Ukraine’s State Concern Nuclear Fuel agreed upon preliminary terms of uranium feedstock supplies from Ukraine to Russia in 2016, commercial director of the Russian company Gleb Efremov told TASS on Tuesday.

Ukraine sends its Uranium to Russia for enrichment and further production of nuclear fuel for its nuclear power plants. Russia’s TVEL is the main fuel supplier for Ukraine’s nuclear power sector.

"We held the first round of negotiations concerning organization of supplies in the next year. Ukraine showed interest and we currently await their formal confirmation of intensions, providing us with grounds to start working over a contract already," Efremov said.

The Ukrainian side assured the Russian side cooperation in 2016 will continue using the model employed in previous years, Efremov added.

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