Russia reaffirms 1993 HEU agreement with US

Washington (Platts)--5Sep2006

Russia will honor its commitments under the US-Russia HEU agreement until the
agreement ends in 2013, a spokesman for the head of Russia's Federal Atomic
Energy Agency, Sergey Kiriyenko, said September 4. On the eve of the annual
symposium of the World Nuclear Association in London, there were rumors in the
nuclear fuel market that Russia would announce at the symposium that it was
pulling out of the 1993 agreement under which Russia is downblending 500
metric tons of high-enriched uranium for reactor fuel. Kiriyenko also said a
meeting with the US Department of Commerce is set for October 25 to discuss
Russia's desire to sell more enrichment services in the US than currently
allowed under an antidumping suspension agreement. The spokesman said if
Russia decided to terminate the suspension agreement, it would give the US six
months' notice.

 

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