AGREEMENT ON IAEA FUEL BANK IN KAZAKHSTAN EXPECTED BY YEAREND, KAZATOMPROM
Vienna. September 18. Interfax - Kazatomprom hopes for signing an international agreement by yearend that will support Kazakhstan's initiative to host a nuclear fuel bank, Kazatomprom CEO Vladimir Shkolnik told reporters.
Kazatomprom wants to raise the issue at the General Conference of the IAEA and discuss the legal aspects of hosting the fuel bank at Kazakhstan's Ulba Metallurgical Plant.
As reported, in 2009 Astana came up with an initiative to house an international nuclear fuel bank in Kazakhstan under the auspices of IAEA. In April 2010 Kazakh President Nursultan Nazarbayev confirmed that intention when addressing the global nuclear security summit in Washington.
On Monday Rosatom General Director Sergei Kiriyenko said that the corporation is ready to provide full support to the IAEA nuclear fuel bank in Kazakhstan.
The Ulba Metallurgical Plant (UMZ), part of Nuclear Company Kazatomprom, produces uranium fuel pellets for nuclear power plants.