Saudi-U.S. Nuclear Talks To Start In Weeks

22 Dec 2017   Nuclear, Saudi Arabia

Saudi Arabia will initiate talks with the U.S. administration within a few weeks about the participation of U.S. nuclear energy companies in the Kingdom’s first civilian nuclear energy project. That’s what Energy Minister Khalid al-Falih said in an interview with Reuters, adding that reaching an agreement with the U.S. will allow U.S. companies to bid in a tender for the construction of two nuclear reactors by 2018. The nuclear project, initially announced this September, is an attempt by the Kingdom to diversify away from crude oil as a fuel for energy generation, which would allow it to export more of the commodity. At the time, media reported that the tender for the construction of the first Saudi nuclear power plant would be announced in October, with potential bidders including NPP builders from South Korea, France, and China. If U.S. nuclear power companies are to take part in a tender […]

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