The HEU-LEU agreement between Russia and the US ended successfully
The United States has completed the payments, under a historic agreement, regarding the import of Russian uranium for the production of electricity, announced the state company Techsnabexport, manufacturer and marketer of uranium, RIA Novosti writes on their website.
"We have received the final payment from the U.S. Enrichment Corporation (uranium) in March," said Techsnabexport, adding that its obligations under the contract for the supply of low-enriched uranium were completed late last year.
The last shipment of uranium from the Russian nuclear warheads converted to reactor fuel, arrived in Baltimore, by sea, in early December, ending a program that provided 10% of the U.S. electricity in the last 15 years.
The HEU-LEU agreement, also known as the 'Megatone (converted) to Megawatts', aimed at converting 500 tons of highly enriched uranium (HEU), the equivalent of 20,000 nuclear warheads, from the dismantled Russian nuclear weapons in low-enriched uranium (LEU), subsequently converted into nuclear fuel for use in the U.S. nuclear plants.
Russian supplies produced seven trillion kilowatts of energy in the United States since the arrival of the first consignment in 1998.
Russia received $17 billion under this program, which provided electricity for one of ten lightbulbs in the United States.