OREANDA-NEWS. December 30, 2010. The United States Department of Commerce (DOC) approved a contract for the JSC "Techsnabexport" (TENEX, an enterprise of Russian State Corporation Rosatom) to supply low enriched uranium (LEU) directly to FirstEnergy Nuclear Operating Company (FENOC, a U.S. utility with headquarters in Ohio).
   
The Amendment to the Russian Suspension Agreement signed by the state corporation Rosatom and the U.S. Department of Commerce in February 2008 allowed U.S. utilities to enter into direct contracts with the Russian supplier for securing long-term low enriched uranium supplies on mutually-advantageous terms. As of the end of 2010 TENEX signed eleven such contracts with nine US utilities totaling almost USD 5 billion.

Brief info on FENOC
FirstEnergy Nuclear Operating Company is a subsidiary of FirstEnergy Corp., a diversified energy company based in Akron, Ohio.  FENOC operates the Beaver Valley Power Station in Shippingport, Pennsylvania (2 PWR units); the Davis-Besse Nuclear Power Station in Oak Harbor, Ohio (PWR unit) and the Perry Nuclear Power Plant in Perry, Ohio (BWR unit) with a combined generation of over 4000 Mwe.

Brief info on TENEX:
Joint stock company Techsnabexport (TENEX), a fully owned subsidiary  of Russian State Corporation Rosatom , is one of the leading world suppliers of uranium enrichment services (SWUs) and low-enriched uranium (LEU). TENEX currently meets more than 40% of the Western designed reactor SWU requirements. TENEX is an authorized agent of Rosatom in executing the U.S.-Russia HEU Agreement of 1992 to down-blend 500 tones of highly enriched uranium (HEU) extracted from dismantled Russian warheads, which will be sufficient to fuel about half of the United States’ nuclear power plants for 20 years.