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Accounts of Ukraine’s Energoatom unlocked — energy minister

June 27, 2016, 21:18 UTC+3 MOSCOW

The accounts were blocked in March

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©  ITAR-TASS/Yevgeny Kurskov

MOSCOW, June 27. /TASS/. Ukraine’s Minister of Energy and Coal Industry Igor Nasalik said the accounts of the country’s operator of nuclear power stations Energoatom have been unlocked.

"The accounts of Energoatom have been unlocked (thanks to Ukraine’s Prime Minister), which enables us to stabilize operations," Nasalik wrote on his Facebook page on Monday.

In March 2016, Ukraine’s Enforcement Service seized the accounts and property of Energoatom worth a total of 200 billion hryvnia ($8 billion), actually blocking the financial and economic operations of the country’s largest power generating company. In this respect the enterprise had no possibility to make payments, including payments to Russia for the withdrawal of spent nuclear fuel. Energoatom President Nedashkovsky said Ukraine’s failure to timely prepay for fuel production may lead to delays in the deliveries of fuel assemblies for two-three power units of Ukrainian NPPs.

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