Yatsenyuk discusses Ukrainian NPP modernization, oil and gas issues, investment in agribusiness in U.S

Ukrainian Prime Minister Arseniy Yatsenyuk visiting Washington DC has had a series of meetings with U.S. businessmen to discuss atomic energy, oil and gas, and agrarian sector issues, the Ukrainian government press service reported on July 14.

Ukrainian Prime Minister Arseniy Yatsenyuk visiting Washington DC has had a series of meetings with U.S. businessmen to discuss atomic energy, oil and gas, and agrarian sector issues, the Ukrainian government press service reported on July 14.

According to this report, the implementation of a contract for the delivery of fresh nuclear fuel was discussed with Westinghouse executives. The sides also conferred on a new cooperation area: an increase of the capacity of operating nuclear power units and participation in programs aimed to modernize and improve safety parameters of Ukrainian nuclear power plants. The possibility of Westinghouse's use of the Ukrainian engineering and instrument industry potential was highlighted as well.

A meeting with representatives of U.S. oil and gas company Frontera was dedicated to collaboration in the prospecting and development of oil and gas fields in Ukraine and a project of LNG imports from the U.S. company's facilities in Georgia. Proven natural gas reserves of the company in Georgia stand at approximately 300 billion cubic meters.

A meeting with a major international company, TrailStone, highlighted prospects of gas trade in Ukraine, investment in oil and gas production, and management of Ukrainian energy sector assets. TrailStone representatives hailed steps of the Ukrainian administration towards liberalization of the domestic gas market and declared the company's plans to arrive in the Ukrainian gas market this fall.

Yatsenyuk and Cargill executives conferred on the current state of cooperation and investment projects Ukraine and the United States may eventually implement in the agro-industrial sphere.

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