Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

ICC orders Congo warlord germain Katanga to pay victims

Read more

MEDIAWATCH

Trumpcare Falls Before First Hurdle

Read more

THE WORLD THIS WEEK

Westminster Attack, Abadi in Washington (part 1)

Read more

THE WORLD THIS WEEK

Obamacare, Europe's Unholy Alliances, Martin McGuinness (part 2)

Read more

INSIDE THE AMERICAS

Export bans hit Brazil amid tainted meat scandal

Read more

FRANCE IN FOCUS

Presidential election: French voters in turmoil

Read more

#TECH 24

Inside Netflix's war room

Read more

FOCUS

French Catholic voters remain faithful to scandal-hit Fillon

Read more

PEOPLE & PROFIT

Growing ambitions: The forces driving India's economy

Read more

Areva bags million-euro deals in Japan

Latest update : 2008-04-10

French nuclear giant Areva said it had signed deals with three major power companies in Japan, ahead of a trip to Tokyo by French Prime Minister Francois Fillon. Both countries are major advocates of nuclear power.

French nuclear giant Areva announced Thursday deals worth two billion euros (3.2 billion dollars) with Japanese firms, tapping strong interest in atomic energy to power Asia's largest economy.
  
The deals are in uranium supplies, conversion and enrichment, chief executive Anne Lauvergeon told reporters during a visit here.
  
"It enables us, as a supplier and producer of uranium, to have a high commercial visibility faced with the investment we make in mines," she said.
  
She declined to name the Japanese firms involved in the deals, which are for periods of up to 15 years, citing their requests for privacy.
  
Areva's three main clients in Japan are Tokyo Electric Power Co., Kansai Electric Power and Chubu Electric Power.
  
The deals were announced shortly before French Prime Minister Francois Fillon began a visit to Japan aimed at boosting industrial ties.
  
Japan and France are major advocates of nuclear power, with Japan lacking virtually any natural energy sources.
  
Japan relies on nuclear power for about one-third of its energy needs despite visible public opposition out of safety concerns in the only nation to have been attacked with atomic bombs.
  

Date created : 2008-04-10

COMMENT(S)