You're reading: Yatsenyuk orders Energoatom to accelerate completion of reactor construction with European partners

National Nuclear Generating Company Energoatom should stir up work on the completion of construction of reactors and cooperate not with Russian companies, but with European ones.

The task was set by Ukrainian Prime Minister Arseniy Yatsenyuk to the top managers of the company.

“Energoatom faces a task of completing construction. I remind that the reactors are to be completed in short terms and first of all, with the attraction of European partners,” he said, opening a cabinet meeting in Kyiv on Oct. 22.

“As far as I know we will have contact with the Czech Republic, Skoda, and not with Russia,” Yatsenyuk added.

He reminded that the National Commission for State Energy and Public Utilities Regulation recently increased the Energoatom’s tariff to expand its investment possibilities.

It was reported earlier that Ukraine and Russia signed an intergovernmental agreement on June 9, 2010, on cooperation in building Khmelnytsky power units Nos. 3 and 4. The agreement stipulated that Russia would ensure the necessary amount of financing for the construction and startup of the units.

In early October 2010, Sberbank of Russia informed Energoatom that it was willing to lend it $1 billion for three years against Ukrainian government guarantees to perform priority works to finish the power units. In order to get the loan, Ukraine was required to invest at least 15 percent of the project cost in the project.