OREANDA-NEWS. March 30, 2010. In the IAEA headquarters in Vienna the agreement was signed to establish a low enriched uranium (LEU) guaranteed reserve in the Russian Federation. The document was signed by SC Rosatom’s director general Sergey Kiriyenko (on behalf of the Russian government) and IAEA director general Yukiya Amano.

Besides, Amano and Alexey Lebedev, the director general of the Moscow Representation Office of the International Uranium Enrichment Center (IUEC), signed a contract to supply the first batch of LEU of 120 tons.

Rosatom hopes to reserve not less than 40 tons of low enriched uranium (LEU) at the International Uranium Enrichment Center in Angarsk in frames of the building up the guaranteed reserve of LEU by this yearend. The plan was revealed to journalists by Rosatom’s director general Sergey Kiriyenko after the signing with the IAEA of the agreement on the reserve build-up and corresponding contract for LEU supply in Vienna. “The guaranteed reserve will be created very fast; by summer we will have launched the IAEA safeguards mechanism in Angarsk and by the end of the year we will be able to reserve not less than 40 tons, or 30% of the guaranteed reserve, of low enriched uranium in the IAEA storage in Angarsk,” Kiriyenko said.