Saudi Arabia agrees to nuclear energy deal with China

Jan 16, 2012 12:00 AM

Saudi Arabia has agreed to cooperate with China on the civilian use of nuclear energy as part of a package of deals the world's most populous country to strengthen ties with the top oil exporter.
The nuclear cooperation agreement was signed by Hashim Yamani, president of the King Abdullah City for Atomic and Renewable Energy (KACARE) and Zhang Ping, chairman of China's National Development and Reform Commission (NDRC).

It follows similar agreements signed with France, Argentina and South Korea and the kingdom has held talks with Russia, the Czech Republic, Britain and the United States over increasing cooperation in the nuclear energy field.
Saudi Arabia, which sits on the world's biggest oil reserves, is looking to diversify its energy mix with solar and nuclear to reduce fossil fuel burning for power generation, demand for which is expected to triple by 2032.

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