Charles Kartman, new executive director of the Korean Peninsula Energy Development (KEDO), hinted Monday that there will be no compensation to North Korea, other than fuel oil, for delays in building two promised light water reactors for the communist country.

Under a 1994 accord with the United States, called "Agreed Framework," North Korea suspended its suspected nuclear weapons program in return for receiving two light water reactors. The KEDO is a U.S.-led international consortium that has been financing the project.

Kartman said at a news conference in central Seoul, on the sidelines of his three-day visit to South Korea, that the North Korean demands for compensation were directed to the United States, not the KEDO.

Meanwhile, Kartman said that the first reactor will be completed by 2008, but such a schedule is subject to unknown factors, citing the project's uniqueness.

He also said that North Korea will be subject to special nuclear inspections before the delivery of key parts on whether it has complied with its obligations under the nuclear
nonproliferation treaty.