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 Infopetro -> Industry in Focus


Russia Eyes UK Nuclear Energy Market

  09/16/2009

Russia is firming up plans to enter the nuclear energy market in the UK. The state-owned Atomenergoprom (AEP) is understood to be considering to team up with Centrica, a part of the British Gas Group, and Rolls-Royce to become a key player in the UK, reports the Observer.

AEP reportedly has access to the UK's uranium mines and has provided some fuel to the Sizewell plant in Suffolk.

"There are some negotiations, or rather contacts, with British companies but nothing specific has been arranged now. We can do everything (from providing nuclear fuel to operating plants) if one compares us with other players, such as Areva, so we are not limiting our options", the Observer quoted Kirill Komarov, executive director of AEP as saying.

AEP has already concluded a joint venture agreement with Toshiba for the purpose. Westinghouse, a subsidiary of Toshiba operates the UK's major nuclear fuel manufacturing plant at Springfields in Lancashire. AEP is planning a similar arrangement with Siemens, who intends to become a major supplier in the UK, according to the Observer.

(energy-business-review.com Sep. 2009)



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