Reuters: France seeking nuclear energy deals with Libya
‘France wants to do business with Libya in areas including nuclear energy, a French minister said on Thursday on a visit aimed at narrowing Italy’s lead in building lucrative trade ties with the oil exporter. Foreign investors have rushed to Libya since it emerged from international isolation six years ago, with companies from former colonial power Italy, as well as Turkey, South Korea and Britain, taking a leading role. French Industry Minister Christian Estrosi arrived in the Libyan capital on board a new Airbus (EAD.PA) passenger jet, one of a consignment of aircraft which the company is contracted to supply to state-owned carrier Libyan Airlines. The French minister signed an agreement with his Libyan opposite number on trade cooperation, and also had talks with Libyan Prime Minister Al-Baghdadi Ali al-Mahmoudi. “We hope that it (the agreement) will allow us to have a closer understanding between Libya and the European Union,” Estrosi, speaking through an interpreter, told Reuters.’

The Hindu: India resists U.S. pushback on nuclear liability
‘NEW DELHI: After initially trying to dilute the nuclear liability law at the draft stage to accommodate the concerns of American suppliers, the Manmohan Singh government has told the United States that the Act, as passed by Parliament, is final and that no changes in any of its provisions are possible. In particular, the Indian side insists that any rules the government might frame to guide the Act's implementation cannot override its provisions, including Section 17(b), which gives Indian operators a ‘right of recourse' against nuclear suppliers in the event of an accident caused by defective equipment. Indian officials also insist that operators will not be able to “voluntarily surrender” their rights under 17 (b) in any commercial contract signed with foreign reactor suppliers, as allowed, for example, by the nuclear law of South Korea. In the run-up to President Barack Obama's visit here in November, the U.S. side is looking for substantive changes in the nuclear liability law. American officials, including Under Secretary of State for Political Affairs William J. Burns, who is currently visiting Delhi, have told their counterparts here that the law is out of step with the international Convention on Supplementary Compensation for Nuclear Damage (CSC) — a compact India said it would sign in 2008.’

Cenreal Asia Newswire: Global uranium prices to rise despite increased Kazakh output, says Morgan Stanley
‘WASHINGTON, DC - Thursday, October 21, 2010 - Morgan Stanley recently issued an assessment saying that increased Kazakh uranium production will be the key factor in keeping global uranium prices from rising dramatically over the next few months. The global financial services firm noted, however, that global demand for uranium is so great that even with increased Kazakh production helping to keep prices in check, global uranium prices are expected to increase over the next year. In a report published Thursday, Morgan Stanley analysts Peter Richardson and Joel Crane reported that in the first ten and a half months of 2010 (from January 1 to October 15), uranium oxide global prices maintained an overall average price of  $43.78 per pound (0.45 kilogram). This stability was largely due to increased Kazakh production helping to meet growing global demand. In a key finding, Richardson and Crane found that the rise in global production was “increasingly dependent” on Kazakhstan’s output. Those two factors – Kazakhstan’s increased output and growing global demand -- have helped keep the global uranium market “finely balanced” between supply and demand.’

RIA Novosti: Russia, Ukraine, Slovakia sign nuclear fuel transit deal
‘Russia, Ukraine and Slovakia signed on Thursday in Bratislava an intergovernmental agreement on transit of nuclear materials via Ukraine, the Russian state nuclear corporation Rosatom reported. The agreement creates the international legal framework for nuclear fuel transportation by the Russian company TVEL to operating and planned power units of Slovak nuclear power plants. It should ensure uninterrupted fuel supplies to Slovakia. The document takes into account international treaties and the relevant directives of the International Atomic Energy Agency, as well as the laws of the three states. In April, Russia and Slovakia signed a long-term deal worth $400 million on the delivery of nuclear fuel for the third and fourth reactors of the Slovakian nuclear power plant at Mochovce, which are currently under construction. Slovakia currently has six Soviet-designed light-water reactors. Under an intergovernmental agreement signed between the Soviet Union and Czechoslovakia, Russian technology was used to build and operate the Bohunice plant, with a capacity of 1.76 GW (four VVER-440 units) and the Mochovce plant with an output of 880 MW (2 VVER-440 units).’