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Ukraine / UK Announces £192 Million Loan Guarantee To Help End Reliance On Russia For Nuclear Fuel

By David Dalton
23 August 2023

Deal will see Urenco provide vital enrichment services for Kyiv’s power reactors

UK Announces £192 Million Loan Guarantee To Help End Reliance On Russia For Nuclear Fuel
Grant Shapps (centre) meets Ukraine’s energy minister German Galushchenko (right) and deputy energy minister Yaroslav Demchenkov (left)
Britain will guarantee a £192m (€224m, $245m) finance deal for Ukraine to buy nuclear fuel from producers including British companies and end its reliance on Russia, British energy minister Grant Shapps announced during a visit to Kyiv.

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