Prime Minister Yulia Tymoshenko is convinced that nuclear power is a strategic field for Ukraine.

 

She stated this at the daughter enterprise “Enterprise management which is under construction on the basis of the Novokostiantynivsk uranium-ore deposits” where the first cart of uranium ore was extracted today.

 

Yulia Tymoshenko informed that today’s opening of the uranium ore extraction is the beginning of building Ukraine’s own nuclear-fuel cycle.

 

“This will guarantee Ukraine’s energy independence,” the Prime Minister noted.

 

Prime Minister of Ukraine Yulia Tymoshenko is sure that due to this extraction Ukraine can satisfy 100% of its need for uranium instead of the present 30%.

 

Tymoshenko stated that the government will provide intensive financing of the nuclear-power complex.

 

“To build the nuclear-power complex till 2015 we need, undoubtedly, powerful financing,” she said. Yulia Tymoshenko noted that such financing would be implemented at the cost of direct budget expenses and administration of public guarantees.

 

The Premier noted that in amendments to the 2008 State Budget the government had already envisaged 300 million UAH for drafting a program on the nuclear-power complex. According to Yulia Tymoshenko, for the upcoming year public guarantees to the sum of 1 billion UAH are to be allocated for these needs.

 

The Head of Government underscored that both domestic and foreign banks would provide financing. “Any banks can do it which has agreed to give such credits against public guarantees of Ukraine”.