Business news from Ukraine

UKRAINE BUYS NUCLEAR FUEL WORTH $356 MLN IN RUSSIA AND SWEDEN.IN 2019

Ukraine in January-November 2019 bought nuclear fuel for a total amount of $356.088 million.
According to the State Statistics Service, over the 11 months, Ukrainian nuclear power plants (NPP) bought Russian-made fuel worth $200.108 million, fuel from Sweden for $155.98 million.
Thus, the share of nuclear fuel bought by Ukraine for the indicated period from TVEL (Russia) in monetary terms was 56.2%, while that from Westinghouse (Sweden) stood at 43.8%.

THIS YEAR UKRAINE BUYS NUCLEAR FUEL IN RUSSIAN TVEL (47.9% IN MONETARY TERMS) AND IN WESTINGHOUSE (52.1%)

Ukraine in January-June 2019 acquired nuclear fuel for a total amount of $98.402 million.
According to the State Statistics Service, over the six months of this year Russian-made fuel worth $47.173 million and Swedish fuel for $51.229 million was purchased for Ukrainian nuclear power plants.
Thus, the share of Ukrainian purchases of nuclear fuel for the reporting period from TVEL (Russia) in monetary terms amounted to 47.9%, from Westinghouse (Sweden) some 52.1%.

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UKRAINE BUYS $68.7 MLN WORTH NUCLEAR FUEL FROM RUSSIA, SWEDEN IN 2019

Ukraine spent $68.666 million on nuclear fuel for its power plants in the five months of 2019.
According to the State Statistics Service, $17.437 million was spent on Russian fuel and $51.229 million on Swedish fuel. Thus, Russia’s TVEL provided 25.4% of its fuel, and Sweden’s Westinghouse 74.6%.

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UKRAINE BUYS NUCLEAR FUEL WORTH $45 MLN IN TWO MONTHS OF 2019

Ukraine in January-February 2019 acquired nuclear fuel for a total of $45.155 million.
According to the State Statistics Service, in the two months of the current year, Russian-made fuel was purchased for Ukrainian nuclear power plants for $17.437 million, fuel from Sweden for $27.719 million.
Thus, the share of purchases of nuclear fuel by Ukraine for the reporting period from TVEL (Russia) in monetary terms was 38.6%, from Westinghouse (Sweden) some 61.4%.
The operator of all four NPPs in Ukraine is state-owned enterprise Energoatom, which purchases nuclear fuel under the contracts with TVEL and Westinghouse Electric Sweden.

WESTINGHOUSE READY TO FULLY PROVIDE ALL UKRAINIAN NUCLEAR POWER PLANTS WITH NUCLEAR FUEL

Westinghouse (the United States) is ready to fully provide all Ukrainian nuclear power plants (NPP) with nuclear fuel, the press service of the Ministry of Energy and Coal Industry has reported, citing the company representatives during a meeting with Energy Minister Ihor Nasalyk.
The company assured about the availability of all the technical and logistic capabilities to reach the 100% provision of all power units of Ukrainian nuclear power plants with nuclear fuel. Now the company supplies fuel to six VVER-1000 power units. The third unit of Yuzhnoukrainsk NPP is completely switched to the fuel of Westinghouse.
“Considering the existing threats to the national security of Ukraine, in case of cessation of supplies of nuclear fuel from the Russian Federation, we are ready to ensure the operation of power units at Ukrainian NPPs using fuel from Westinghouse,” the minister said.
In addition, the parties are considering the expansion of cooperation regarding the company’s participation in the construction of a nuclear fuel treatment plant in Ukraine, as well as the implementation of the Ukraine-EU Energy Bridge project.
Currently, Westinghouse occupies 40% of the Ukrainian nuclear fuel market, supplying it to six out of 15 reactors.
As reported, in early 2018 Energoatom and Westinghouse Electric extended the contract for the supply of nuclear fuel until 2025.

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UKRAINE BUYS NUCLEAR FUEL FOR $213 MLN, 65% FROM RUSSIA’S TVEL, 35% FROM WESTINGHOUSE

Ukraine purchased nuclear fuel for a total of $213.511 million in January-May 2018, which was 21.7% more than for the same period in 2017 ($175.490 million).
Over the period under review, Ukraine bought Russian nuclear fuel worth $138.645 million for Ukrainian nuclear power plants, while nuclear fuel shipments from Sweden totaled $74.867 million, the State Statistics Service of Ukraine said.
Thus, the share of purchases of nuclear fuel by Ukraine in January-May-2018 from Russia’s TVEL in monetary terms was to 64.9%, that from Westinghouse (Sweden) stood at 35.1%.

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