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Moscow, Apr 06, 2006 -- RosBusinessConsulting
Russia may face a uranium deficit starting 2035 unless it begins to replenish its uranium resource base, Deputy General Director of Techsnabexport Vladimir Servetnik told a fuel and energy conference in Moscow today. To prevent the deficit, the official proposed to develop Russia's own resource base, facilitate access to global resources of raw materials, and optimize the ratio of uranium production to imports. According to him, Russia's demand for uranium currently stands at 8,300 tons per year, and it is expected to rise to some 18,000 by 2020. Such a demand can be met by developing new fields and enhancing the existing resource base, the official believes. The Russian Atomic Energy Agency, of which Techsnabexport is a part, is presently implementing a number of measures to sustain the current volume of uranium output and prevent deficit, Servetnik maintained.
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