The United Kingdom announces a £192 million ($245 million) export finance agreement for Ukraine to purchase nuclear fuel from producers including British companies, British energy minister Grant Shapps announced during a visit to the Ukrainian capital, Kyiv.
Last winter, a mass movement of Russian aerial attacks destroyed Ukraine’s energy system, causing it more reliant on its aging nuclear power stations, which provided about half the nation’s energy before the battle.
Shapps told that this guarantee that we will be supplying is to aid Kyiv confirm that … their nuclear fuel doesn’t have to come via Moscow in the future. These funds will ensure that it will come from much more protected sources, he added.
UK Energy Minister that one of those sources would be Urenco, which is a part-UK nuclear fuel consortium.
Kyiv currently handles three of its four operational nuclear plants.
The fourth, in the southern region of Zaporizhzhia, was seized by Moscow last March, after Russia’s invasion last February. Both countries have since frequently blamed each other for threatening the structure’s protection.
