MOSCOW. April 21 (Interfax) - Techsnabexport, the Russian exporter of nuclear materials and provider of uranium enrichment services operating on the world market under the brand name Tenex, concluded export contracts with U.S., EU, and Asia Pacific region countries worth about $1.1 billion in 2013, the company said in a draft annual report for 2013 it published on Friday.
In particular, Tenex concluded 7 contracts worth over $346 with U.S. energy companies on supplying them with Russian nuclear fuel products within the framework of an amendment to an agreement on suspending an anti-dumping investigation. Tenex's U.S. subsidiary, TENAM Corp, concluded two spot transactions on the delivery of enriched uranium products from the company's stock stored at a U.S. facility.
As a result, as of the end of 2013 Tenex's export portfolio had included 16 direct contracts and 3 others concluded by TENAM with 12 U.S. energy companies, worth in aggregate $5.8 billion.
In the European region, Tenex agreed on extending one long-term contract and concluded three supplements to other contracts concerning supplies of uranium products worth in aggregate about $650 million. As of the end of 2013, the company's portfolio included contracts with 10 European companies, including France's EDF, Germany's E.ON and EnBW, Sweden's OKG, Finland's TVO, Spain's ENUSA, Switzerland's AXPO AG, and others.
In Japan, Tenex extended one of the existing contracts and signed two supplements to other contracts with clients from Asia, Africa, and the Middle East. The three deals are worth in aggregate some $100 million.
As of the end of 2013, Tenex's long-term export contract portfolio amounted to some $25 billion.
Tenex fully belongs to the Russian nuclear power corporation Rosatom's affiliate Atomenergoprom.