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Russia steps up nuclear exports

      RBC, 29.01.2004, Moscow 13:00:23.In 2003, Russian exports of nuclear fuel and equipment increased by $400m and reached $3bn, Russian Minister of Atomic Energy Alexander Rumyantsev announced at a press conference today. On the whole, industrial production in the atomic energy sector grew 11.3 percent, and respective investments stepped up 14.5 percent. Furthermore, in the reported period, Russian-produced fuel assembly sales rose by 24.8 percent.

      The minister noted however that it was still too early to predict Russian nuclear exports for 2004, as they would strongly depend on market conditions, that were experiencing dramatic changes currently. In any event nuclear export growth will not be lower than last year, Rumyantsev said.

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