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Letter of intent for further cooperation signed between Energoatom and Organization of Canadian Nuclear Industries (OCNI)

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Today, June 29, 2021, during a video conference the management of SE NNEGC «Energoatom» and the Organization of Canadian Nuclear Industries (OCNI) signed a letter of intent, which formalized the previously reached agreements on the implementation of joint projects with Canadian companies in the nuclear energy sector.

In the letter, the parties confirmed their intention to enter into a memorandum of understanding and cooperation in the short run, which will clarify the principles and directions of future cooperation between Energoatom and OCNI.

The subject of mutually beneficial cooperation should be, in particular, the construction of new nuclear power units, hydrogen technologies, waste management, and production of medical isotopes, regulatory harmonization and other issues of mutual interest. The parties also plan to hold trade missions and seminars to exchange information on the latest world developments in nuclear energy, including small modular reactors.

«We hope the dialogue initiated this year will allow us to find practical common interests for closer cooperation between Energoatom and Canadian partners,» Acting President of NNEGC «Energoatom» Petro Kotin said.

In turn, OCNI President Ron Oberth thanked Energoatom for the interesting prospect of cooperation and introduced more than a dozen Canadian companies interested in it.

The event was also attended by representatives of the Ukrainian and Canadian embassies as well as members of OCNI.

For reference: The first meeting of NNEGC and OCNI representatives took place on February 4, 2021, during which, in particular, the cooperation opportunities in the hydrogen production, transportation and sale as well as co-working in the establishment of data centers near NPP sites were discussed.

The Organization of Canadian Nuclear Industries has a mandate to support the nuclear industry in Canada and assists its companies in developing international opportunities and cooperative ventures. Currently, OCNI has an active membership of 220 Canadian companies supplying goods and services for nuclear reactors in domestic and export markets.