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Nuclear Decommissioning Authority and Nuclear Transport Solutions Project
14 May 2026
Type
Written Ministerial Statement
Department
Department for Energy Security and Net Zero
TAGS
At a Glance
Issue Summary
Lord Vallance has laid before Parliament a Departmental Minute regarding a contingent liability exceeding £300,000 for a nuclear material transportation project from Venezuela to the US.
Action Requested
The statement describes the completion of the UK's involvement in assisting with the transport of legacy civil nuclear material from Venezuela to the US and outlines the circumstances under which an indemnity was approved by the Treasury.
Key Facts
- The contingent liability allows the Nuclear Decommissioning Authority and Nuclear Transport Solutions to carry out a project.
- The maximum potential liability is capped at £10 billion.
- NTS operates a unique maritime transport capability with no significant safety incidents over half a century.
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