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Ukraine eyeing nuclear fuel production with Russia, Kazakhstan

      RBC, 14.09.2010, Moscow 18:50:49.Ukraine, along with Russia and Kazakhstan, is poised to produce nuclear fuel, Ukrainian President Viktor Yanukovich announced during a joint press conference with his Kazakh counterpart Nursultan Nazarbayev, RBC Ukraine reported today.

      "We have agreed on Ukraine's participation in the development of the facility for the production of nuclear fuel. It has been under development by Russia, but Ukraine had nothing to do with it up until now. We now have a proposal and a preliminary agreement with Russian President Dmitry Medvedev, and I can say, a three-party agreement stating that Ukraine, Kazakhstan and Russia will be involved on a parity basis - each country will have a 33-percent stake in the project," Yanukovich explained.

      Earlier, TVEL, a Russian state corporation and one of the global leaders among nuclear fuel producers, won a tender for the construction of a nuclear fuel production facility in Ukraine. The plant is scheduled for completion in 2013.

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