SWEDEN : WESTINGHOUSE EXPANDS CAPACITY OF PLANT IN VASTERAS FOR GROWING SUPPLIES TO UKRAINE

Westinghouse Electric Company has announced the expansion of its nuclear fuel factory, situated in Vasteras, Sweden, in response to growing demand for nuclear fuel supply diversification for VVER-1000 reactors in Ukraine and other European countries. “The investment finances additional production facilities, fuel engineering work, as well as the procurement of additional process and assembly equipment…

RUSSIA’S GAZPROM SELLS 25% STAKE IN GASUM TO FINLAND’S GOVERNMENT

The share in the Finnish company was sold in January 2016 Russian gas giant Gazprom sold a 25% stake it held in Finlands’s Gasum to the Finnish government for _251 mln, the Russian holding said in a report. “In January 2016, Gazprom sold its stake of 25% in Gasum to the government of Finland for…

UKRAINE: NAFTOGAZ SEEKS TO FINISH REPAYMENT OF EBRD $300 MLN LOAN IN MAY AND REPEATEDLY TAKE FUNDS LATER

National joint-stock company Naftogaz Ukrainy seeks in May to repay a revolving loan of $300 million issued by the European Bank for Reconstruction and Development (EBRD) and later to repeatedly take funds, Naftogaz Head Andriy Kobolev has said. “We’ve paid $10 million… in May we will pay it in full for sure,” he told reporters…

UKRAINE: UKRGAZVYDOBUVANNIA DISCOVERS OIL FIELD IN KHARKIV REGION

Public joint-stock company Ukrgazvydobuvannia has discovered a field in Shevchenkivsky district of Kharkiv region with estimated reserves of 290,000 tonnes of conventional fuel, the company’s press service has reported. The press service said that oil was discovered at depths from 2,100 to 2,200 meters. Industrial oil inflow was received during tests of a well in…

UKRAINE: LOADING OF WESTINGHOUSE FUEL TO REACTOR TWO OF YUZHNOUKRAINSK NPP SCHEU-DELD FOR NOV-DEC

Nuclear fuel made by Westinghouse is scheduled to load to reactor two of Yuzhnoukrainsk nuclear power plant (NPP) in November and December 2016, President of National Nuclear Generating Company Energoatom Yuriy Nedashkovsky has said. He said that Ukraine’s State Nuclear Regulation Inspectorate has finished its inspection. It was a success. “There are no doubts that…

RUSSIA’S ROSATOM DENIES PLANS FOR SALE OF TURKISH NPP PROJECT SHARE — CEO

Turkish news agency Anadolu reported earlier that project company Akkuyu Nuclear (74.915% of shares are owned by Rosatom Overseas) could potentially sell a 49% stake in the Akkuyu NPP project Rosatom has not changed its plans for Akkuyu Nuclear Power Plant project, the company’s CEO Sergey Kirienko said on Wednesday. “We have not changed anything,”…

RUSSIA AND ALGERIA SIGNED A MEMORANDUM OF UNDERSTANDING ON THE COOPERATION ON PEACEFUL USE OF NUCLEAR ENERGY

The State Atomic Energy Corporation “Rosatom” and The Commissariat à l’Energie Atomique of the People’s Democratic Republic of Algeria signed a Memorandum of Understanding on cooperation in the field of nuclear energy for peaceful uses. The document was signed by Director General of ROSATOM and the Chairman of COMENA, Mohamed Derdour. The memorandum is aimed…

KAZAKHSTAN: GAS PRICES INCREASE

Prices for natural gas in Kazakhstan transported via gas distribution networks since March 2015 to March 2016 rose on average by 16.7 percent – to 15.35 tenges (333.81 tenges = $1) per cubic meter, according to a review of the country’s Energyprom.kz analytical service. Prices for liquefied gas in the country transported via gas distribution…

UKRAINE: GAS TARIFF HIKE TO ADD SOME UAH 7 BLN TO NATIONAL BUDGET – NAFTOGAZ HEAD

Setting the single price of gas for households at UAH 6,879 and for heating supply companies at UAH 6,810 per 1,000 cubic meters would add some UAH 7 billion of revenue of the national budget, Naftogaz Ukrainy Head Andriy Kobolev has said on Channel 5 TV. “People who earlier did not get subsidies will come…