• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Bulgaria Secures Deal With Russia on Nuclear Fuel Supply Until 2020

Posted on: Saturday, 11 March 2006, 09:00 CST

Bulgaria secures deal with Russia on nuclear fuel supply until 2020

SOFIA, March 10 (Xinhua) -- Bulgaria has secured a deal with Russia on guaranteed nuclear fuel deliveries until 2020, the local newspaper PARI reported Friday.

During a visit to Moscow early in the week, the CEO of Bulgaria's only Kozlodui nuclear power plant (NPP), Ivan Ivanov, signed a renewal contract with the Russian corporation TVEL for the supply of fresh nuclear fuel until 2020, the report said, citing Bulgaria's Energy Ministry.

This extension is extremely important for Bulgaria, as it guarantees long-term safety in supplies, Economy and Energy Minister Rumen Ovcharov was quoted as saying.

The agreement includes a protective mechanism to ensure supply amid rapid changes on the world market.

For the first time, TVEL has offered to transport, process and store Kozlodui's spent nuclear fuel. The agreement conforms with European standards for transport, processing, storage and consumption of fuel for nuclear generators, according to the report.

TVEL is the only fuel supplier of the Bulgarian NPP and a candidate bidding for the country's second NPP Belene project.

Source: Xinhua News Agency - CEIS

More News in this Category