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Kuwait, Russia sign N-cooperation deal

Kuwait, September 21, 2010

Kuwait and Russia have signed a memorandum of cooperation for peaceful use of nuclear energy generation in the Kuwai, state news agency Kuna reported.

The agreement follows similar deals with Japan and France.

'The memo ... stipulated training cadres, exploration for metals, establishing a network of nuclear reactors in Kuwait and building a relevant infrastructure,' Kuna said, citing Ahmad Bishara, the secretary general of Kuwait's National Nuclear Energy Committee.

It said the arrangements were for a five-year period.

Gulf states including Kuwait fear that Iran's nuclear energy programme could lead to the country becoming a nuclear weapons state and dominant power in the region. Kuwait has also sought assurances from Iran about the safety of its new, Russian-built Bushehr nuclear power reactor, where loading of fuel began in August.  

oil exporter, said it had decided to build four nuclear reactors by 2022, each with a capacity of 1,000 megawatts.   

The announcement came days after Kuwait and Japan signed a cooperation agreement to expand the nuclear capacity.

Kuwait also signed a nuclear cooperation agreement with France in April.
So far there is no indication of who might build the plants.   

Kuwait is looking to boost oil output capacity to 4 million barrels a day (bpd) by 2020 and gas output to 4 billion cubic feet per day (cfd) by 2030.    

It has relied on oil exports for more than 90 percent of state revenues. Current oil production capacity is 3.1 million bpd. -Reuters




Tags: Energy | Kuwait | Russia | Nuclear power |

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