Untouched by Sanctions, Rosatom Stokes Growth

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Since the war in Ukraine began nine months ago, Russia’s Rosatom has avoided Western sanctions and succeeded in meeting key construction deadlines. It is steadily growing its business, signing new deals and negotiating new projects, one of which involves a second nuclear plant in Turkey. Thus far the only substantial casualty has been the 1,200 megawatt Hanhikivi project in Finland, but the corporation has shrugged this off and is plowing ahead with a newbuild program that boasts 34 reactors of various sizes. Fuel services remain a salient risk, but for now the Russians are confident there is no alternative capacity for supplying the fleet of VVERs in Eastern Europe.

Nuclear, Nuclear Fuel, Nuclear Newbuilds
Wanda Ad #2 (article footer)
Slovakia's Mochovce-3 connects to the grid; Islamabad frustrated with progress on third Hualong-One import plans; Pretoria's 123 agreement expires as it negotiates renewal.
Fri, Feb 3, 2023
Shell's four-well deepwater drilling program is headlining what looks to be a busy year for exploration in Mexico's waters.
Mon, Feb 6, 2023
In response to potential sanctions on Russia's Rosatom, Kazakh uranium miner Kazatomprom may revamp its network of joint ventures with key industry players.
Fri, Feb 3, 2023