Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
MOSCOW, May 27 /TASS/. Russia and the United States will create a strategic alliance for bringing Russian fuel to the US market, according to the World Nuclear News portal.
"Gobal Nuclear Fuel Americas (GNF-A) and Russian nuclear fuel company TVEL have agreed to work together to introduce Russian-designed pressurized water reactor fuel into the USA. The companies have announced a strategic alliance to introduce lead use assemblies (LUAs) of TVEL's TVS-K fuel design in the USA and to seek licensing approval from the US Nuclear Regulatory Commission to supply the fuel in reload quantities," the WNN said.
"GNF-A will provide US-based project management, licensing, quality assurance and engineering services while TVEL will provide TVS-K design expertise, engineering support and initial fabrication of LUAs. Subsequent LUAs are planned to be produced at GNF-A's facility in Wilmington, North Carolina," the portal went on to say.
For the moment, Russia accounts for 17% of the world’s fuel market for nuclear power plants and fully meets the fuel needs of 76 power reactors in Russia and 14 other countries, including Finland, Bulgaria, Hungary, Slovakia, the Czech Republic, Ukraine, Armenia and China. The company’s annual export volumes exceed 1 billion US dollars.
In September 2012, the Russian State Corporation for Atomic Energy (Rosatom) signed a contract with Swedish Company Vattenfall Nuclear Fuel for the delivery of a pilot batch of Russian TBC-Kvadrat fuel for a power unit at the Ringhals Nuclear Power Plant.