• 4 minutes Trump has changed into a World Leader
  • 7 minutes China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 8 minutes Indonesia Stands Up to China. Will Japan Help?
  • 10 minutes US Shale: Technology
  • 13 minutes Which emissions are worse?: Cows vs. Keystone Pipeline
  • 17 minutes Shale Oil Fiasco
  • 15 mins Boris Johnson taken decision about 5G Huawei ban by delay (fait accompli method)
  • 6 hours We're freezing! Isn't it great? The carbon tax must be working!
  • 6 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
  • 5 hours Might be Time for NG Producers to Find New Career
  • 3 hours Environmentalists demand oil and gas companies *IN THE USA AND CANADA* reduce emissions to address climate change
  • 31 mins Angela Merkel take notice. Russia cut off Belarus oil supply because they would not do as Russia demanded
  • 23 hours What's the Endgame Here?
  • 4 hours Wind Turbine Blades Not Recyclable
  • 5 hours Phase One trade deal, for China it is all about technology war
  • 52 mins Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
  • 21 hours Beijing Must Face Reality That Taiwan is Independent
Business Insider

Business Insider

Business Insider is one of the leading Business and finance news sites online.

More Info

Premium Content

Saudi Arabia to Build the First Nuclear Power Station in the Gulf States

The government of Saudi Arabia has announced a new section of its capital Riyadh is set to be powered solely by nuclear energy. This will be the first nuclear power plant in the Gulf states, and the first in the broader Middle East.

If the U.S. government backs Saudi Arabia's bid to build a reactor, they'll be creating the potential for nuclear growth within the GCC, or Gulf Cooperation Council, whose members include Saudi Arabia, Qatar, Kuwait, Bahrain, the UAE, and Oman.

All of those states are also reviewing the possibility of producing nuclear fuel, so they can export more oil and gas to foreign markets.

The GCC is largely allied with the United States and their key security issue is Iran's rise in power across the Persian Gulf.

The U.S. must be concerned that by allowing oil-rich ally Saudi Arabia to invest in nuclear technology, it will be further escalating its conflict with Iran.

The talk of a double standard in terms of peaceful nuclear energy in the Middle East will have further credence if the U.S. allows a Gulf state to make the move to nuclear.

The main issue is the non-proliferation treaty. While most of the states in question have joined, Israel remains outside the scope of the treaty and Iran is defiant of the precepts it signed.

Peaceful nuclear power could be the straw that breaks the region's geopolitical back.

By. Gregory White




Download The Free Oilprice App Today

Back to homepage




Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play