Romania Wants to Buy Uranium from Kazakhstan
Source: Romanian Times (9/15/09)
"Kazakhstan has almost 20% of uranium reserves worldwide"
Economy Ministry State Secretary Tudor Serban said today (Tues): "The proposal met with a positive reaction. Talks will continue."
Serban added the uranium to be bought from Kazakhstan would be enriched in Romania and used for electricity production at nuclear reactors 3 and 4 of the country's sole nuclear plant in Cernavoda. It currently has two reactors of 700 megawatts each that provide around 18% of Romania's electricity needs.
The two reactors are scheduled to become operational by 2015–2016 after estimated investment of four billion Euros.
Serban was part of a Romanian delegation that visited Kazakhstan last week.
Kazakhstan has almost 20% of uranium reserves worldwide and aims at becoming the largest international producer by 2010.