Tuesday 18 December 2012

Global network fuels UAE's nuclear ambitions - The National

Yesterday's agreement between the UAE and Russia rounds off an initial flurry of diplomatic activity aimed at securing nuclear fuel supplies for the Emirates' ambitious programme for alternative sources of energy.

The agreement underlines the global network of countries and corporations that will be needed if the UAE is to realise the first phase of these ambitions within the five-year timeline laid out by its leadership.

In August, the Emirates Nuclear Energy Corporation (Enec), which will own the finished reactors, awarded uranium supply contracts worth US$3 billion (Dh11.01bn) for 15 years' worth of nuclear fuel, or about 12,000 tonnes of uranium, to British, Canadian, Russian, French and United States companies.

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