CONSULTING

Parliament voted to cancel the project with Deputy Energy Minister Alexander Svetelik blaming
Russia for “failing to fulfill the obligation under the deal”, and saying that an “alternative partner”
would be sought. 942 Ukrainian media reported in November 2015 that the president of
Energoatom Yuri Nedashkivsky told a briefing in Brussels Press Club: “We have reached an
agreement with the world-renowned Barclays bank, we will obtain funds for the completion of
two units at Khmelnytsky NPP.” 943 However, there is no mention of this agreement on
Energoatom’s web site. 944 As construction relies on the VVER-1000 reactors there are only limited
choice of the companies able to complete the units. Once the contract with Russia was canceled,
Energoatom and Skoda JS, which is owned by Russian OMZ Group, signed a Memorandum of
Understanding. 945
Management, 2013, see http://www.umweltbundesamt.at/fileadmin/site/publikationen/REP0441.pdf, accessed
2 July 2016.
942 United Press International, “Ukraine scraps nuclear reactor deal with Russia”, 16 September 2015, see
http://www.upi.com/Top_News/World-News/2015/09/16/Ukraine-scraps-nuclear-reactor-deal-with-
Russia/9811442413199/, accessed 2 July 2016.
943 Ukrinform, “Energoatom reaches agreement with Barclays on completion of two units at Khmelnytsky
NPP”, 4 November 2015, see http://www.ukrinform.net/rubric-economics/1908661-energoatom-reachesagreement-on-completion-of-two-units-at-khmenytsky-npp-with-barklays.html,
accessed 2 July 2016.
944 Energoatom,”Press Centre”, see http://www.energoatom.kiev.ua/en/press/, accessed 2 July 2016.
945 WNN, “Russia's Atomstroyexport pulls out of Ukraine”, 18 June 2015, see http://www.world-nuclearnews.org/C-Russias-Atomstroyexport-pulls-out-of-Ukraine-18061501.html,
accessed 2 July 2016.
Mycle Schneider, Antony Froggatt et al. 213 World Nuclear Industry Status Report 2016