Tuesday, August 16 2016 17:15 EEST
Westinghouse does not confirm the agreement with Ukraine on the construction of nuclear fuel plant
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Westinghouse will participate in construction, if Kyiv provides funding

American-Japanese Company Westinghouse does not confirm the existence of an agreement with Ukraine on the construction of nuclear fuel plant. 112.international reports.

Earlier Minister of Energy and Coal Industry Igor Nasalyk stated that the company plans to build a new facility.

'We agreed on the diversification of supplies of almost half of the nuclear reactors, the construction of nuclear fuel plant in Ukraine', Nasalyk said.

The Westinghouse is familiar with the plans of the Ukrainian government to increase its own capacity for fuel production. In addition, the company will consider its participation in such a project. Westinghouse will participate, if Kyiv provides funding.

'There is the excess capacity of produce of nuclear fuel, so the construction of the new factory will not bring significant economic benefits to the country, however, if a country decides to make such investments, Westinghouse will consider the possibility of their participation in the project', the director of the company said.

Energy and Coal Ministry could not confirm the presence of specific agreements with the company.

'The Ukrainian side is negotiating with potential investors for possible financial support of the project', said the press service of the department.

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