MOSCOW, April 8 (RIA Novosti) - Russia's
Techsnabexport shipped on April 7 the first batch of
low-enriched uranium to the United States in 2009 under a
bilateral agreement, nuclear-power corporation Atomenergoprom
said on Wednesday.
Techsnabexport, a Russian company that exports goods and
services produced by the nuclear power sector, is integrated
"This shipment has initiated the schedule of deliveries in
2009, which will be carried out at a new price approved by the
governments of both countries," Atomenergoprom said in a
Russia and the United States are cooperating in the
nuclear sphere on the HEU-LEU project. The HEU-LEU contract,
also known as the Megatons to Megawatts agreement, was signed
in February 1993 and expires in 2013.
It aims to convert 500 metric tons of high-enriched
uranium (HEU), the equivalent of approximately 20,000 nuclear
warheads, from dismantled Russian nuclear weapons into
low-enriched uranium (LEU), which is then converted into
nuclear fuel for use in U.S. commercial reactors.