Russia poised to sign more uranium supply deals with U.S.
08:06, 29 May 2009
MOSCOW. May 29. KAZINFORM Russian state uranium trader Techsnabexport said on Thursday it would sign several contracts on low-enriched uranium supplies with major U.S. energy companies before the end of the year; Kazinform refers to RIA Novosti.
Techsnabexport and three U.S. companies affiliated with the FuelCo Group signed on Tuesday three long-term low-enriched uranium supply contracts worth a total of $1 billion.
"Another four such contracts will be signed before the end of the year," Techsnabexport CEO Alexei Grigoryev said.
Under the contracts signed on Tuesday, enriched uranium will be supplied directly to the U.S. companies from 2014 through 2020.
He also said Russia is ready to discuss the establishment of a low-enriched uranium storage facility in the U.S. to ensure long-term supplies to consumers; Kazinform cites RIA Novosti.
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