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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
At a Glance
Issue Summary
Lord Vallance has laid before Parliament a Departmental [12D [K Departmental Minute regarding a contingent liability exceeding £300,000 for [3D [K for a nuclear material transportation project from Venezuela to the US.
Action Requested
The statement describes the completion of the UK's i [1D [K involvement in assisting with the transport of legacy civil nuclear materia [7D [K material from Venezuela to the US and outlines the circumstances under whic [4D [K which an indemnity was approved by the Treasury.
Key Facts
- The contingent liability allows the Nuclear Decommissioni [13D [K Decommissioning Authority and Nuclear Transport Solutions to carry out a pr [2D [K project.
- The maximum potential liability is capped at £10 billion.
- NT [2D [K NTS operates a unique maritime transport capability with no significant saf [3D [K safety incidents over half a century.
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