Techsnabexport

Techsnabexport
TENEX
Native name
 Техснабэкспорт
Public
Industry Nuclear energy
Founded 1963
Headquarters Moscow, Russia
Key people
 Lyudmila Zalimskaya, Director General
Products Nuclear fuel
Services Nuclear fuel cycle
Parent Rosatom
Website tenex.ru

Techsnabexport (Tenex, also transcribed as Tekhsnabexport, Russian: ОАО «Техснабэкспорт») is a Russian nuclear fuel and nuclear fuel cycle technology exporting company.[1] It carries out export of enriched uranium products and uranium enrichment services, produced by enterprises of the Atomenergoprom, 100% shares of which are held by State Corporation Rosatom.

History

Tenex was founded in 1963 within the structure of the USSR Ministry of Foreign Trade. In 1973 it was incorporated as a separate company under the Ministry of Foreign Trade. In 1988 it was transferred to the USSR Ministry of Medium Machine Building and subsequently to the USSR Ministry of Atomic Energy and Industry (now Rosatom). In 1994 Techsnabexport became a joint stock company.

On 19 January 2007 Russian Parliament adopted the law "On the peculiarities of the management and disposition of the property and shares of organizations using nuclear energy and on relevant changes to some legislative acts of the Russian Federation", which created Atomenergoprom - a holding company for Russian civil nuclear industry, a part of Rosatom, including Techsnabexport, the nuclear energy producer Rosenergoatom, the nuclear fuel producer and supplier TVEL, and nuclear facilities constructor Atomstroyexport.[2][3]

Management

Brief history of entering the world market

In 1971 JSC Techsnabexport signs the first contract for the supply of uranium enrichment services with the Atomic Energy Commission of France. In 1973 the first shipment of uranium products is delivered to France followed by uranium enrichment services for Italy, Germany, Sweden and other European countries. In 1987 the first shipment of uranium enrichment services is delivered to the USA. In 1993 TENEX enters the Asia-Pacific market and signs the first long-term contract with KEPCO(Republic of Korea). In 1994 TENEX signed HEU-LEU Contract with American enrichment Corporation (USEC) in compliance with the Agreement dated as of February 18, 1993 between the Government of the Russian Federation and the Government of the United States concerning the disposition of highly enriched uranium extracted from nuclear weapons. In the framework of this Agreement Russia supplies low-enriched uranium (LEU) produced from 500 tons of highly enriched uranium (HEU) for the needs of the US atomic energy industry. In 1995 JSC Techsnabexport expands the geographical scope of its exports by starting deliveries of low-enriched uranium to South Africa under a contract with ESKOM, an operator of the only NPP in Africa.In 1999 JSC Techsnabexport enters the Japanese market after signing its first contract with the largest private energy company TEPCO.In 2003 JSC Techsnabexport begins the deliveries of low-enriched uranium production to Mexico.In 2008 State Corporation Rosatom and the US Department of Commerce sign the Amendment to the Agreement suspending the antidumping investigation on uranium products from Russia prepared at the initiative and with direct involvement of JSC Techsnabexport. This Amendment creates a proper legal framework for commercial exports of Russian uranium products to the US market that has been beyond its reach for as long as ten years. Besides, in 2008 JSC Techsnabexport signs the contracts with the China Nuclear Energy Industry Corporation (CNEIC) for providing technical support in the construction of the 4th stage of the gas centrifuge plant in China and for supplies of uranium products for the Chinese NPP in 2010-2020. These contracts are sighed in accordance with the Protocol of 2007 to the Russian-Chinese Agreement on cooperation for construction in the People's Republic of China of a gas centrifuge uranium enrichment plant, dated as of December 18, 1992. In 2012 TENEX signs a contract with Emirates Nuclear Energy Corporation for deliveries of low-enriched uranium in 2015-2029 to meet the demand of the first in the Arab world NPP at Barakah, which is under construction.

Operations

Tenex exports enriched uranium products as well as uranium conversion and/or isotope enrichment services to 32  companies in 16 countries. Another field of TENEX's activities is development of transport and logistical infrastructure. Along with uranium products export TENEX consolidates nuclear industry assets creating new types of business and integrating industrial production enterprises essential for the stable operation of the nuclear fuel cycle facilities. Following the decision of State Corporation Rosatom these projects, along with the assets in the field of uranium mining and isotope production, were passed to other industry organizations for further development:

Foreign S&A

Russian S&A

Membership in international organizations

See also

References

  1. ↑ Helmer, John (1 May 2007). "Russia gears up for uranium boom". Mineweb. Retrieved 20 August 2013.
  2. ↑ "Russia's nuclear equipment exporter joins nuclear energy holding". RIA Novosti. 16 August 2007. Retrieved 20 August 2013.
  3. ↑ "Consolidation of Russian nuclear industry continues". World Nuclear News. 7 April 2010. Retrieved 20 August 2013.

External links

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