Rosatom signs deal to supply nuclear fuel components to Egypt

Published: 8 April 2020 - 11:03 a.m.
By: Baset Asaba

Rosatom, the Russian state nuclear energy corporation, has signed a ten-year contract with the Egyptian Atomic Energy Authority, to supply low-enriched nuclear fuel components, including uranium and aluminum, to the ETRR-2 nuclear reactor located northeast of the capital Cairo, TVEL Fuel Company of Rosatom said in a statement.

The ETRR-2 experimental training research reactor in Sharqiya governorate was supplied by the Argentine company INVAP for construction and delivery of plants and equipment in 1992.

“The long-term contract was a logical continuation of a series of successfully executed contract documents over the past three years for individual deliveries to Egypt of fuel components manufactured by PJSC NZHK (Novosibirsk Chemical Concentrate Plant; Rosatom Fuel Company TVEL),” said Oleg Grigoryev, Senior Vice President for Commerce and International Business of TVEL JSC.

Grigoryev considered this contract an “evidence of a high level of trust” in the ties between TVEL and Egyptian partners.

In 2014, Egypt and Russia announced their cooperation in the nuclear power field.

On November 19, 2015, an agreement was signed between Cairo and Moscow that allows Russia to build a nuclear power plant in the Mediterranean city of Dabaa, with Russia extending a $25 billion loan to Egypt to cover the cost of construction. The loan will cover 85 percent of the plant, with Egypt funding the remaining 15 percent.

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