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URENCO and Energoatom sign contract on supply of enriched uranium

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Ukraine’s national nuclear energy generating company Energoatom and the Anglo- German-Dutch company URENCO have signed a contract on supply of the enriched uranium for Ukraine.

URENCO’s CEO Mr Thomas Haeberle and Energoatom’s President Mr Yuriy Nedashkovskyi signed the contract at a ceremony in Kyiv.  Present at the event was also the British Ambassador to Ukraine Ms Judith Gough.

Speaking at the signing ceremony, Thomas Haeberle, CEO/URENCO, said: “In 2016, URENCO was invited to submit an offer for supply of Enriched Uranium as part of Energoatom’s competitive procurement exercise. URENCO is pleased that Energoatom is once again part of its global portfolio of customers and looks forward to making deliveries under the new contract in due course.”

Underlining the steps that Energoatom is consistently taking to strengthen Ukraine’s energy security, its president Yuriy Nedashkovskyi said: “The contract signed today will allow us to cooperate, on a mutually beneficial basis, with one of the world leaders in production and supply of the nuclear materials – URENCO. The enriched uranium which the company will provide will be used to produce nuclear fuel at a facility of Westinghouse Company in Sweden for the purposes of Ukrainian nuclear power plants. This contract is another consistent step by Energoatom to diversify nuclear materials and fuel supply to meet the needs of Ukrainian NPPs.”

Welcoming the signature, Judith Gough, British Ambassador to Ukraine, said: “The UK welcomes steps by Ukrainian authorities to strengthen the country’s energy security and diversity its energy supplies. The British government will continue to work with URENCO and Energoatom in the area of nuclear energy to achieve that aim.”

Additional information. URENCO is a provider of uranium enrichment services to the world’s nuclear energy industry.  The URENCO Group head office is located close to London, UK. With plants in Germany, the Netherlands, the UK and the USA, it operates in a pivotal area of the nuclear fuel supply chain which enables the sustainable generation of electricity for consumers around the world.  Utilising URENCO’s own centrifuge technology, URENCO provides safe, cost-effective and reliable uranium enrichment services for civil power generation within a framework of high environmental, social and corporate responsibility standards.

State Enterprise “National Nuclear Energy Generating Company “Energoatom” is the operator of all running nuclear power plants of Ukraine. Its main task is to increase electricity production and the NPPs’ capacity factor while ensuring continued improvement of the operational safety. Energoatom provides about 55% of Ukraine’s total power output; in autumn/winter, this indicator reaches 70%.

The British Embassy Kyiv supports bilateral trade links between UK and Ukraine, provides consular support for British nationals in Ukraine and pursues broad-ranging and productive bilateral security cooperation work.