Chinese firms seeking opportunity to sell nuclear fuel to Hungary

Beijing (MTI) – Chinese companies are looking for opportunities to sell nuclear fuel in Eastern Europe, Hungary being one of the options.

A representative of the state-owned China National Nuclear Corporation (CNNC) told TASS Russia news agency on the sidelines of the nuclear energy forum World Nuclear Spotlight currently being held in Beijing that “efforts taken in recent years were aimed not only to meet Chinese demand for nuclear fuel but also to help Chinese companies find access to foreign markets”.

The source also said that “we have by now managed to master the French and Russian technology required to produce fuel for the energy blocks, which allows us to sell fuel to various nuclear facilities – including Soviet- and Russian-made ones”.

The CNNC official also said that they are “looking into possibilities of supplying fuel to Hungary, Romania and Ukraine in particular”.

China and Russia have been cooperating in the nuclear energy industry for several years. Russia’s Rosatom and CNNC have signed a protocol on starting talks to build nuclear power plants in third countries. In July last year, Rosatom unit Rusatom Overseas signed a memorandum on building floating nuclear power plants.

Photo: Pixabay

Source: http://mtva.hu/hu/hungary-matters