Victor Yanukovych's win of the presidential elections in Ukraine on 7 February bodes well for Ukraine's ambitions as a nuclear fuel producer.
Energy sector participants, governmental analysts and bankers have stated that the elections and the international political lobbying that goes with it are likely to strengthen relations with Russia, benefiting the energy sector as a whole.
Acting between the first and second rounds of voting to avoid a possible political bias, Yuriy Prodan, minister of fuel and energy, moved to invite Russia's TVEL and US Westinghouse to bid to become a technology supplier and partner in the construction of a new nuclear fuel plant.
