Tenex Sign Sixth Long-Term Contract for Uranium Supply to U.S.
OREANDA-NEWS. July 22, 2009. During a meeting in Washington, DC, on July 21 2009 representatives of Techsnabexport OJSC (Tenex, 100% subsidiary of Atomenergoprom OJSC) and Constellation Energy Nuclear Group (CENG) signed a long-term contract for the supply of enriched uranium to the United States. CENG operates five reactors in the states of Maryland and New York for Constellation Energy (CEG). The contract is supposed to meet part of CENG’s demand for nuclear energy in 2015–2025.
This is the sixth contract Tenex has signed with US power companies since May 2009. The first two contracts have already been signed by the US Department of Energy.
“This is an outstanding event for Tenex and Russia’s nuclear power industry as this contract has reaffirmed the high reputation of the Russian uranium production and the successful implementation of the Amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation, adopted by Rosatom State Nuclear Energy Corporation and the US Department of State in Feb 2008 and giving free and legal access to Russian nuclear fuel products and services on the US market,” says Director General of Tenex Aleksey Grigoryev.
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