77. MEGATONS TO MEGAWATTS PROGRAM

♤ It is popular name given to the program which is also called the United States-Russia Highly Enriched Uranium Purchase Agreement.

♤ Launch – Feb’1993 and successfully completed in Dec’2013

♤ Under this Agreement Russia agreed to supply the US with low-enriched uranium (LEU), obtained from high-enriched uranium(HEU) found to be in excess of Russian defense purposes.

♤ Nuclear industry sources forecasted high demand trends that would require finding other uranium supply sources after the completion of the Megatons to Megawatts agreement.