NNRF Inc (NNRI)

[stocktiger]

tryintoclimb about NUCAP

NNRF only licenses NuCAP. It has nothing to do with HNIPU.

The 250 metric tons was the estimated amount for existing projects in which NNRF has contractual relations (Andreveva Bay, MCC, Saida Bay, etc. etc.) There are no existing projections beyond that as engineers are currently conducting final engineering analysis.

NNRF is of course is a participant in all of the projects and now Mr. Akchunov is with NNRF.


Mr. Akhunov is recognized as the most knowledgeable and experienced expert on current and future decommissioning projects in the Russian Federation by the European Union the European Bank of Reconstruction and Development and the donor countries of the G-8. Mr. Akhunov has been involved since inception in the planning and execution of the projects located at Andreyeva Bay, Sayda Bay, Gremikha Bay, the nuclear storage vessel LEPSE in Murmansk harbor, and the decommissioning projects in the Far East at Valadivostock.

An initial $4 billion dollars has been pledged for these major projects, which are anticipated to continue through the year 2015.

Mr. Akhunov's primary responsibility with NNRF is managing the relationships with multinational nuclear service companies, the Federal Agencies of Nuclear Energy of the Russian Federation and with the European Bank of Reconstruction and Development as the disbursement agent for the G-8 in the decommissioning projects, both current and future, in the Russian Federation.