Saudi Arabia, the world’s largest crude exporter, plans to join the Vienna Convention on Civil Liability for Nuclear Damage, the official Saudi Press Agency reported, citing a cabinet statement.
Saudi Arabia announced in April that it was starting a civilian nuclear and renewable energy centre to help meet increasing demand for power and to supervise its atomic energy program.
The kingdom has held talks with international companies to build the King Abdullah City for Atomic and Renewable Energy.
Saudi Arabia is one of several countries in the region seeking to develop nuclear energy to meet electricity demand that’s rising at about 8 percent a year.
The UAE awarded a $20 billion contract in December to a group of companies led by Korea Electric Power Corp to build four nuclear plants, and Kuwait plans to build four reactors by 2022.For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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