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Chernobyl Nuclear Waste Deal Signed
Thursday September 16 12:21 PM ET
Chernobyl Nuclear Waste Deal Signed
KIEV, Ukraine (AP) - Ukraine and a consortium of Belgian, French and
Italian firms signed a deal Thursday to build a nuclear waste
processing facility at the Chernobyl nuclear power plant.
The $122 million contract, to be financed by the European Bank for
Reconstruction and Development, was signed in Kiev by Ukraine's state
nuclear energy company Energoatom and Belgium's Belgatom, France's
SGN and Italy's Ansaldo.
The deal is a key part of the 1996 agreement between the former
Soviet republic and the EBRD on improving safety at Chernobyl. The
plant became infamous in 1986 after its No. 4 reactor exploded,
spewing radiation over large parts of Europe.
Ukraine, at the West's urging, has pledged to close down the troubled
facility by 2000, but wants outside financial help to complete the
lengthy procedure of removing nuclear fuel and turning the plant into
an environmentally safe zone.
Two of Chernobyl's four Soviet-designed RBMK reactors have already
been shut down, leaving only one reactor in operation.
The nuclear waste facility, to be completed at the end of 2001, will
have the capacity to process 87,500 cubic feet of liquid nuclear
waste annually.
Some 472,500 cubic feet of waste has accumulated in Chernobyl over
the 21 years of the plant's operation, Chernobyl officials said.
The 1996 deal with the EBRD calls for $758 million in repairs on the
concrete-and-steel shelter that covers the destroyed reactor No. 4.
It also calls for other safety projects, including construction of
the waste processing plant and of a waste depository that was
launched earlier this year.
Ukraine has also demanded more than $1 billion to complete two new
nuclear reactors to compensate for the loss of power that
would result from Chernobyl's closure.
Sandy Perle
E-Mail: sandyfl@earthlink.net
Personal Website: http://www.geocities.com/capecanaveral/1205
"The object of opening the mind, as of opening
the mouth, is to close it again on something solid"
- G. K. Chesterton -
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