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Ukraine to buy nuclear fuel in Russia

      RBC, 20.12.2004, Kiev 19:21:54.Ukraine is going to buy nuclear fuel for its 15 energy reactors in Russia in 2005, although it has its own reserves, Ukrainian Fuel and Energy Minister Sergey Tulub, who is also the President of Ukraine's energy generating company Energoatom, told journalists in Kiev. According to him, the two parties are still in talks on the price for fuel supplies. Fuel energy supplies to Ukraine in 2005 may become worth $40m more compared to $360m in 2004.

      He stressed that the existing 9-percent discount for nuclear fuel supplies from Russia becomes ineffective in 2005. However, Ukraine insists on this discounts due to larger amount of fuel bought from Russia.

      Ukraine has 15 nuclear energy reactors. Russia supplies fuel for all of them.

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