The nol cards can be used not only for public transport but also to make essential purchases at participating retail outlets in the emirate
A delegation headed by Mohammed Al Hammadi, president of Emirates Nuclear Energy Corp., arrived late yesterday for a week-long visit to hold talks with government officials on areas of cooperation.
The UAE, holder of almost 8 per cent of the world’s crude reserves, wants to develop nuclear energy as an alternative source of electricity.
“Japan is behind others such as France in terms of making approaches but has built up a high level of technology for reactors that the UAE wants,” Yuzuru Aizawa, an analyst at the Institute of Energy Economics, Japan’s biggest energy research body, said by phone.
Nuclear Project
Emirates Nuclear Energy hasn’t made any decision on a prime contractor, it said on its Web site. The agency chose in October CH2H Hill Cos Ltd., a
Electricity demand in the UAE is expected to triple to 41,000 megawatts by 2020, Foreign Affairs Minister Shaikh Abdullah bin Zayed Al Nahyan said in April.
Total SA, Suez SA and Areva SA have shown interest in building reactors in the UAE with “local partners,” they said in a joint statement in January. Contracts may be worth as much as €4 billion ($5.1 billion), a French government spokesman said January 11.
“The UAE is expecting to get access to Japanese technology,” Aizawa said.
Meeting in
The UAE delegation including members of Emirates Nuclear Energy will meet with officials from the Japanese government and companies including Mitsubishi Heavy Industries Ltd. and visit a nuclear power plant and factories of
The UAE is a signatory to the nuclear non-proliferation treaty and would have to negotiate with the IAEA once it makes a decision on nuclear power use.
The nol cards can be used not only for public transport but also to make essential purchases at participating retail outlets in the emirate
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