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Ukraine’s Energoatom restarts payments to Russia’s TVEL for fresh nuclear fuel — source

July 06, 20:26 UTC+3 MOSCOW
In March 2016 Ukraine’s Enforcement Service seized the accounts and property of Energoatom worth a total of $8 billion, actually blocking the company's financial operations
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© ITAR-TASS

MOSCOW, July 6. /TASS/. Energoatom, the operator of nuclear power plants in Ukraine, has restarted payments to the Russian fuel company TVEL for nuclear fuel deliveries, a source familiar with the matter told TASS on Wednesday.

"Energoatom is resuming payments to TVEL for fresh nuclear fuel," the source said.

TVEL Senior Vice-President for Strategy and Marketing Alexei Grigoryev said earlier that the company, part of Russian civilian nuclear power corporation Rosatom, was continuing the deliveries of fuel for Ukraine’s NPPs, despite debts amounting to several dozen million US dollars. The talks on the resumption of payments to TVEL were held with Ukraine’s Energoatom.

Rosatom Director for Public Policy on Radioactive Waste, Spent Nuclear Fuel and Nuclear Decommissioning Oleg Kryukov said in late May that Rosatom had postponed the withdrawal of spent nuclear fuel from Ukraine over non-payments.

At the same time, he said that Rosatom generally intended to continue withdrawing spent nuclear fuel from Ukraine.

Energoatom earlier told TASS Ukraine was not paying for the withdrawal of spent nuclear fuel over the seizure of Energoatom’s accounts.

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 situation, the enterprise had no possibility to make payments, including payments to Russia for the withdrawal of spent nuclear fuel, the Ukrainian operator said at the time.

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