UAE nuclear deal waits for US 123 agreement (Re-post)

First you see them now you don't

This blog post also appeared in an edited version in Fuel Cycle Week , V8N343, September 10, 2009, published by International Nuclear Associates, Washington, DC

Reuters wire service found itself in a double boomerange effect in its coverage of nuclear energy issues this week when it comes to the award date for the expected $40 billion UAE nuclear tender. On Tuesday Sept 8 it put out a story that the United Arab Emirates (UAE) was "days away" from awarding a $40 billion contract to one of three global consortiums to build up to 5,000 MW of nuclear reactors to generate electricity.

On Wednesday Sept 9 Reuters posted another story in which the UAE categorically denied that it was "days away" from the contract award. A government official familiar with the negotiations told the wire service “the UAE is not days away from awarding this contract. The process is still ongoing.”