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Tuesday, May 8, 2007

Kazakhstan plans nuke fuel bank

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Russia and Kazakhstan are poised to sign an agreement creating a joint uranium-enrichment center, a possible first step toward an international nuclear fuel "bank" that could remove the need for countries such as Iran to pursue their own enrichment programs, Kazakh Foreign Minister Marat Tazhin said yesterday.

Russian President Vladimir Putin is expected to sign an agreement to create the enrichment center in the Siberian city of Angarsk on a visit to Kazakhstan beginning today, Mr. Tazhin said in an interview with editors and reporters at The Washington Times.

Known for its huge oil and gas reserves, Kazakhstan is also the world's second-largest producer of uranium, and is expected to surpass market leader Australia in the next few years.

"Today it is just a bilateral arrangement, but it could be open to any country that wants to use the mechanism," Mr. Tazhin said.

He said the project was just getting under way and it would be up to Iran or any other nation to decide whether they want to participate.

"It is difficult right now to say who might want to join," he said.

Nonproliferation specialists have pushed the idea of a nuclear fuel bank as a way to discourage countries from developing their own domestic uranium-enrichment programs.

The Bush administration has led an international drive to block Iran's enrichment program, claiming it is secretly being used to produce fuel for nuclear weapons.

The U.S. Department of Energy last year initiated the Global Nuclear Energy Partnership (GNEP), a key part of which offered countries that renounced nuclear fuel-cycle activities access to U.S. nuclear fuel for civilian power needs.

At about the same time, Mr. Putin floated the idea of a network of international nuclear fuel-cycle centers, which Russian officials said could be used by developing countries seeking nuclear power.

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