26 Apr 2022 12:02

Rosatom not yet adjusting foreign projects, sees risks, though they have not occurred thus far

MOSCOW. April 26 (Interfax) - Rosatom has not yet adjusted its plans for foreign projects, Alexei Likhachev, the state nuclear energy corporation's CEO, said at Rosatom day in the Federation Council.

"The map I showed you, the map of projects, we are not adjusting it today," Likhachev said in response to a question about how the "current international situation" affects Rosatom's activities, in particular, the state corporation's international contracts.

"Yes, there are risks in some projects, especially European ones," Likhachev said, noting that not a single risk "has occurred" thus far. "On the other hand, we are well aware that we may not be at the lowest point of pressure yet," Likhachev said.

Rosatom's project portfolio includes 35 power units, 24 of which are under construction.

Thus far, there have been no official withdrawals from construction projects involving Rosatom abroad, and the sanctions have not directly affected these projects. However, for example, Finland's Fennovoima reported that it sees serious risks for the Hanhikivi nuclear power plant project in the country. The Russian special operation in Ukraine and "the resulting countermeasures by the EU and Western countries pose a serious risk to the Hanhikivi 1 project," the company said. Sweden's Vattenfall refused planned deliveries of Russian nuclear fuel for local nuclear power plants, and Germany announced the withdrawal of an investment request for a TVEL-Framatome joint venture to produce nuclear fuel in the country.