President of Uzbekistan: World crisis hinders Uzbek uranium import to Russia

Publish date: January 29, 2009

On January 23, during Russian President’s visit to Uzbekistan, Uzbek President Islam Karimov complained about small uranium prices due the world crisis. According to ITAR-TASS, Russian President Dmitry Medvedev said Russia and Uzbekistan should anyway develop joint energy projects, including nuclear.

Russia has already offered to enrich Uzbek uranium in Angarsk, Siberia. In 2006, Russia and Uzbekistan announced the plans to take part in the joint venture to extract uranium in Aktau, Uzbekistan, but the joint venture has never been established. The uranium resources are expected to be about 4.4 thousand tons in Aktau. According to the Uzbek State Geology Department, the total uranium resources in Uzbekistan are 185.8 thousand tons.