Tuesday 26 September 2023

#SaudiArabia Takes a Step Closer to Achieving Nuclear Power - Bloomberg

Saudi Arabia Takes a Step Closer to Achieving Nuclear Power - Bloomberg

Saudi Arabia took a key step toward advancing its nascent nuclear power program, telling international inspectors they’ll have wider access to facilities in order to account for atomic materials.

The Gulf Arab power is implementing broader monitoring guidelines with the International Atomic Energy Agency and rescinding an outdated set of rules that have hindered its nuclear program, Energy Minister Prince Abdulaziz Bin Salman Al Saud said Monday in Vienna.

“The kingdom is committed through its policy on atomic energy to the highest standards on transparency and reliability,” Prince Abdulaziz said in prepared remarks at the IAEA’s annual general conference.

The move means that Saudi Arabia will be able to access supplies of fissile material and begin operating its first reactor, a small research unit built with the assistance of Argentina. The change will also support the Gulf Arab nation’s first tender for nuclear power plants.

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