Saudi Arabia Is Getting Ready for its First Nuclear-Power Deals
- Kingdom received five bids to build first reactors: Official
- Saudis join U.A.E. in Gulf Arab drive to diversify energy mix
Photographer: Martin Divisek/Bloomberg
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Saudi Arabia, the world’s biggest oil exporter, plans to award contracts in December for the construction of its first nuclear-power plants, according to a government official involved with the project.
The kingdom has received requests from five bidders from China, France, the U.S., South Korea and Russia to perform the engineering, procurement and construction work on two nuclear reactors, Abdulmalik al Sabery, a consultant in the business development department at King Abdullah City for Atomic and Renewable Energy, said in an interview in Abu Dhabi. He declined to identify the bidders.