Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power

Russia moves to ban all trade with US nuclear power companies

Energy | Thermal Coal | Electric Power | Emissions | Renewables | Oil | Crude Oil | Metals | Steel | Raw Materials

Market Movers Europe, Oct 21-25: Putin hosts heads of state at Russia-Africa Summit, as Brexit taints EU carbon market

Electric Power

Platts Market Data – Electric Power

Electric Power | Electric Power Risk | Banking | Private Markets

Nodal Trader Conference, 12th Annual

Energy | Electric Power | Emissions | Renewables

Global renewables capacity to grow 50% by 2024 on 'spectacular' solar: IEA

Russia moves to ban all trade with US nuclear power companies

Moscow — A draft bill submitted Friday to the State Duma, the lower house of the Russia parliament, would ban all trade between state-owned nuclear company Rosatom and US nuclear power companies.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The bill was submitted jointly by all State Duma fractions and its chairman Vyacheslav Volodin. It could be considered and possibly adopted during the next State Duma session next week, according to information on the State Duma website.

The bill is in response to sanctions the Trump administration imposed against 24 Russian top businessman and government officials April 6.

In addition to freezing trade with the US nuclear power industry, the bill would impose similar trade restrictions on software, hardware, pharmaceutical and farm products from the US to Russia, as well as bar US companies from participating in the privatization of state-owned assets in Russia.

According to the bill, all restrictive measures could be extended to other countries if they join the US sanctions against Russia.

Sergey Mironov, chairman of the State Duma fraction Fair Russia, said in a statement on the State Duma website Friday that the ban on civilian nuclear trade is among the most important aspects of the bill.

Rosatom has several projects with US companies. TVEL, Rosatom's nuclear fuel division, signed a contract in April 2016 to supply test batches of its TVS-K fuel assemblies at pressurized water reactors in US. Delivery of that fuel was slated to begin early 2019, according to information on Rosatom's website.

Techsnabexport, Rosatom's uranium subsidiary, also has signed contracts to export enriched uranium to the US, according to the website.

--Vladislav Vorotnikov,

--Edited by Valarie Jackson,