US moves in on Russia’s nuclear energy turf in Ukraine

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May 1, 2014, 9:03 a.m. | Business — by Evan Ostryzniuk

The Southern Ukrainian Nuclear Power Plant.

Evan Ostryzniuk

Evan Ostryzniuk is a longtime expatriate in Ukraine, having arrived from the United Kingdom after getting a Ph.D. from Cambridge University. A Canadian citizen, Evan has worked in the journalistic, academic and financial fields for more than 15 years.

Ukraine’s energy dependence on Russia subsided yet again this month when state-owned nuclear power company Energoatom on April 11 concluded a deal with America’s Westinghouse to supply fuel rods until 2020. The agreement came more than two weeks before Ukraine signed a memorandum with Slovakia for the supply of up to 8 billion cubic meters of natural gas a year to replace Russian blue fuel imports. The deal also comes on the heels of a scandal involving dented rods, competing interests and conflicting evidence.

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