Saudi Arabia’s nuclear program ‘fundamental to Kingdom’s energy sector’

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Saudi Energy Minister Khalid Al-Falih speaking at the IAEA’s annual conference in Vienna. (SPA)
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Saudi Energy Minister Khalid Al-Falih speaking at the IAEA’s annual conference in Vienna. (SPA)
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Saudi Energy Minister Khalid Al-Falih speaking at the IAEA’s annual conference in Vienna. (SPA)
Updated 18 September 2018

Saudi Arabia’s nuclear program ‘fundamental to Kingdom’s energy sector’

JEDDAH: Saudi Arabia’s atomic energy program is fundamental for developing a sustainable energy sector, a senior minister told the International Atomic Energy Agency on Monday.
The Kingdom plans to start building its first two nuclear power reactors this year and as many as 16 over the next 25 years at a cost of more than $80 billion. The plan is to provide 15 percent of Saudi Arabia’s power from nuclear by 2032.
Speaking at the IAEA’s annual conference in Vienna, Energy Minister Khalid Al-Falih said the atomic reactor projects were were part of the Kingdom’s Vision 2030 to diversify its energy sources to nuclear and renewables.
The program “abides by all international treaties and conventions and best practices, adhering to the highest standards of safety, security and transparency,” Al Falih said.
The minister said Saudi Arabia was committed to the Treaty on the Non-Proliferation of Nuclear Weapons, which calls for nuclear disarmament and stresses the commitment of nuclear power states to share their peaceful technologies with abiding member states.
He also said the Kingdom had called for cooperation with the international community to make the Middle East a nuclear weapons free area.
The US has started to reintroduce heavy sanctions against Iran over its nuclear program, after Donald Trump pulled out of a deal with the country earlier this year to curb its atomic ambitions.
Al-Falih called on the international community to take a more stringent stance against all threats to regional and international security, particularly Iran, given its “alarming efforts to build its nuclear capabilities, in tandem with its increasing acts of sabotage and aggression against other states in the region.”


Saudi Arabia keen on strengthening ties with EU 

Saad Al-Arifi
Updated 4 min 19 sec ago

Saudi Arabia keen on strengthening ties with EU 

  • Al-Arifi explained that Vision 2030 guides the Kingdom’s aspirations toward a new stage of development to establish a vibrant society where all citizens could realize their dreams

BRUSSELS: Saudi Arabia has underlined the importance of strengthening and developing relations with the EU in all fields, the Saudi Press Agency reported on Saturday.
The permanent representative of the Kingdom to the EU, Saad Al-Arifi, said during the dialogue session with the Arabian Peninsula Relations Mission in the European Parliament in Brussels that long-term relations had bound the Kingdom and the Gulf states with the EU since 1967 and that there was a strong convergence on a range of issues, based on mutual respect and common desire to continue these ties at a number of levels.
“We have emphasized the deepening of these ties by establishing our mission to the EU, promoting our bilateral discussions, enhancing interpersonal contacts as well as building bridges between Saudi society and European societies,” he said.
“The Kingdom is currently developing Vision 2030, which is a blueprint for an ambitious nation, and reflects the long-term goals that are based on the strengths and unique capabilities of the Kingdom.”
Al-Arifi explained that Vision 2030 guides the Kingdom’s aspirations toward a new stage of development to establish a vibrant society where all citizens could realize their dreams, hopes and aspirations, to succeed in a prosperous economy with major reforms in a number of aspects.