World’s 4th biggest oil exporter Kuwait, has planned to build four nuclear reactors by 2022, each with a capacity of 1,000 megawatts.
Mr. Ahmad Bishara, the secretary general of Kuwait’s National Nuclear Energy Committee said that various options to build the nuclear sector were being considered and a general plan would be released in January. He also said that nuclear energy was a viable option if oil prices remained above $45-$50 a barrel.
Kuwait signed a cooperation agreement in Japan this week to expand its nuclear capacity, increasing the chance of remunerative deals for Japanese companies. Kuwait also signed a nuclear cooperation agreement with France in April.