Russia, US Agree First Joint Uranium Export Deals
May 26 2009 - 12:03PM
Dow Jones News
MOSCOW (AFP)--Russia said Tuesday it has signed contracts worth
$1 billion to supply uranium for U.S. nuclear reactors, the first
such deals between the two countries.
Techsnabexport, the export arm of the Russia's Federal Nuclear
Energy Agency, or Rosatom, signed the contracts in Moscow with
three U.S. companies grouped together in the firm Fuelco, Rosatom
spokesman Sergei Novikov told AFP.
The three U.S. companies were named as Luminant, Ameren UE and
Pacific Oil and Gas.
"The deal is worth $1 billion and runs from 2014 to 2020,"
Novikov said.
The agreement on the deliveries followed a deal signed last year
by Washington and Moscow which authorized Russian uranium exports
to the U.S. civil nuclear power industry.