Thursday, June 23, 2011

Saudi Arabia, Kuwait, Qatar developing Nuclear Energy - What do they know? What's up with that?

Saudi Arabia plans Nuclear, Renewable Energy Center in Riyadh.

Saudi Arabia has announced that it's planning to start building power reactors at a breakneck pace.

Saudi Arabia, the world’s largest oil supplier, will start a civilian nuclear and renewable energy center to help meet increasing demand for power and to supervise its atomic-energy program.

Saudi Arabia joins other Arabian Gulf countries, including Kuwait, Qatar and the United Arab Emirates, seeking to develop nuclear energy.

Saudi Arabia, which holds 1/5 th. of global oil reserves, aims to pursue renewable energy and nuclear power.

Top oil exporter Saudi Arabia signed an agreement with France for cooperation on the development of peaceful nuclear energy

Saudi Arabia plans to build 16 nuclear power reactors by 2030.

Do they know something about oil reserves that we don't ?

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