Saudi Arabia is fast-tracking an atomic energy programme to reduce its dependence on oil, but concerns over nuclear proliferation in the Middle East could put a damper on its ambitious plans.
The atomic policy, which limits nuclear activities to peaceful purposes, was approved by the cabinet on Tuesday just days before powerful Crown Prince Mohammed bin Salman visits Washington.
Saudi Arabia, the world’s largest exporter of oil, has framed its nuclear project as driven purely by economics.
The kingdom is struggling to meet fast-rising energy demand and crude prices remain far below their peaks reached before the 2014 market crash.
Saudi Energy Minister Khaled al-Faleh said in October that the nuclear programme would start by building two reactors, each producing between 1.2 and 1.6 gigawatts of electricity. Read More