Saudi Arabia uses a U.S. company to build nuclear reactors

Posted on September 13, 2012


The news was published in the 09/13/2012 at 01:10 GMT
Riyadh / Kingdom chose, an American company as a consultant for the establishment of 17 nuclear reactors at a cost exceeding $ 100 billion.
The adviser said the Chairman of the Scientific Cooperation Group, King Abdullah City for Atomic and Renewable Energy, Abdelghani Mlibari, said the city has appointed global consultancy firm Oliver Wyman, the Advisory Committee charged with studying the development of the Saudi nuclear program to produce electricity.
He was appointed bank “BNP Paribas” French, and Riyad Bank in the same committee.
Saudi Arabia plans to build 17 nuclear reactors by 2030, at a cost exceeding $ 100 billion, to keep up with the demand for electricity and promote local generating capacity using nuclear reactors.
And announced Mlibari, that Saudi Arabia is pushing ahead with the establishment of nuclear reactors for energy production, which will cost the kingdom about $ 100 billion.
Saudi Arabia is working to develop alternative energy sources such as atomic energy, wind, solar, geothermal, and to diversify its investments in the energy sector in the light of the growing demand for energy by 6 to 8% per annum.
Signed Arabia in November 2011, in Seoul, signed a cooperation agreement for nuclear energy with South Korea, also signed the Kingdom and Argentina in late June of 2011, an agreement to strengthen cooperation in the development and use of atomic energy for peaceful purposes, including the construction and operation of the reactors.
The city of King Abdullah Atomic and Renewable Energy, was founded on April 17, 2010

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