Ukraine bolsters energy security with nuclear fuel plant

Ukrainian Prime Minister Mykola Azarov said the $462m plant will contribute to the country’s energy independence and experts commented that the new facility was good news for East European countries with Russia-built nuclear reactors.

Ukraine

The plant, a Ukraine- Russia joint venture is located in the Ukrainian town of Smolino, some 300 kilometres south-east of the capital Kiev.Ukraine has 15 nuclear reactors in operation and plans to complete two more, at the Hmelnitski nuclear central, by 2015.

"Today we have begun the most substantial project towards energy independence in the history of independent Ukraine," Azarov reportedly said.

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