Russia plans international fuel cycle

1 February 2006

The summit of the Council of the Euro-Asian Economic Union (EurAsES) has heard Russia’s plans to create international uranium enrichment centres under International Atomic Energy Agency (IAEA) monitoring.

President Vladimir Putin is expected to present the proposals, which would make civil nuclear generation possible in all countries, at the G8 summit in St Petersburg this July. No specific date was suggested for establishment of these centres.

The news comes as Sergei Kiriyenko, the head of the Federal Atomic Energy Agency (Rosatom) declared that Russia must launch an extensive nuclear new build programme from 2012. Russia's energy strategy stipulates that nuclear should account for at least a quarter of the country's overall energy production by 2030, a requirement that would see around 40 new plants developed.

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