Saudi Arabia to build 16 nuclear reactors by 2030 RIA Novosti, PUBLISHED June 02, 2011 Saudi Arabia is planning to build 16 nuclear reactors by 2030, Arab media reported on Wednesday citing an official in the country's nuclear agency. "After 10 years we will have the first two reactors," Saudi civilian nuclear agency coordinator Abdul Ghani Malibari told Arab News. The estimated cost of one reactor is about 7 billion dollars, he added. The United Arab Emirates became the first Arab state to adopt a plan for building nuclear power stations on its territory. In 2009 the UAE signed a $20.4 billion cooperation deal with a South Korean consortium, including Korea Electric Power Corp, Hyundai Engineering and Construction, Samsung C&T Corp and Doosan Heavy Industries to build nuclear reactors in the UAE. Many countries have turned away from atomic energy following the accident at Japan's Fukushima nuclear plant after the devastating earthquake and tsunami on March 11. Germany said earlier this week that it would shut down all of its nuclear plants by 2020. Topics: Asia Other news: U.S. lifts market restrictions against Rosatom Rosatom will no longer be required to get a special license from the U.S. Department of Commerce to cooperate with American companies. Russia lacks personnel to dismantle nuclear sites Russia is to decommission and dismantle 42 nuclear facilities by 2015 and 188 by 2020, Rosatom department head Yevgeny Komarov said. ARMZ acquires Australian uranium producer in $1.2 bln deal ARMZ will pay eight Australian dollars per share, which represents a 15.5 percent premium on the average market price for 20 trading days. |
Hero of the day Alexander Chistozvonov: end of the Romantic period Today, the army of managers is earnestly believing that one can take the man responsible for the licensing of alcoholic beverages, and put it on licensing, and even to supervise the nuclear reactor. INTERVIEW
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