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Portfolio of foreign orders will ‘remain stable’ at $200bn Rosatom director-general Alexey Likhachev. Russia’s state nuclear energy company Rosatom expects its exports to have increased by 15% this year, director-general Alexey Likhachev was quoted as saying by Russian newspaper Izvestia.

Rosatom’s portfolio of foreign orders is set to remain stable at $200bn (€188bn), “even in the current geopolitical situation”, Likhachev said.

He said the supply of Rosatom products and services abroad is expected to top $10bn this year.

The rise in exports this year is due to contracts Rosatom was already implementing, as well as its supplying of fuel, conversion services, and enriched uranium products, Likhachev said.

Rosatom has avoided sanctions related to Russia’s invasion of Ukraine because of its importance in the supply chain of the global nuclear power industry.

However, many Western governments and customers have been looking to procure alternative nuclear fuel supply so as not to rely on Russia for part of their energy needs.

Date: Thursday, 29 December 2022
Original article: nucnet.org/news/despite-geopolitical-situation-rosatom-expects-exports-to-increase-15-12-3-2022

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