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EC Approves Russian Fuel Deal For Hungary’s Paks 2

By David Dalton
22 April 2015

22 Apr (NucNet): The European Commission (EC) has approved Hungary’s agreement with Russia for supplies of nuclear fuel for the planned Paks 2 nuclear power station. János Lázár, chief of staff to Hungary’s prime minister, said the EC has officially told Hungary that the Euratom Supply Agency – the body responsible for the secure supply of nuclear fuel in the EU – had approved the deal. He said all obstacles to the fuel supply contract had been removed. Under the agreed terms, Russia will supply nuclear fuel to the planned reactors at Paks 2 for 10 years. Hungary has four VVER-440 nuclear units in commercial operation at Paks, which are supplied with nuclear fuel from Russia. In June 2014, the Hungarian Parliament approved a €10 billion ($10.7 billion) loan agreement with Russia for the financing of two new VVER-1200 nuclear units for Paks.

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