Ukraine to create fuel reserve

In the next two years Ukraine will create a reserve of fuel for its nuclear power plants, which is supposed to provide one year worth of fuel. A reserve of this kind is sometimes seen as one of the ways to ensure uninterrupted supply of fuel for nuclear reactors. Currently, the fuel to Ukraine is supplied by Russia, who recently raised the price of fresh fuel by about 20%. The long-term contract with the TVEL corporation is set to expire in 2010.