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Saudi Arabia, Russia sign nuclear power cooperation deal
Reuters ^ | 6/19/15 | Reem Shamseddine

Posted on 06/21/2015 9:13:05 AM PDT by mac_truck

Saudi Arabia and Russia have signed an agreement to cooperate on nuclear energy development, a Saudi government body in charge of such projects said.

The government body, the King Abdullah City for Atomic and Renewable Energy, announced the cooperation deal on its website on Thursday but gave no further details.

Saudi-owned al-Arabiya TV, citing unnamed sources, said the kingdom planned to build 16 nuclear reactors in which Russia would play a significant role in operating them.

The Saudi atomic and renewable energy body has already signed nuclear cooperation deals with countries able to build reactors, including the United States, France, Russia, South Korea, China and Argentina.

It is not clear if this new deal, announced on Thursday, will take cooperation with Russia to a more advanced level.

(Excerpt) Read more at uk.reuters.com ...


TOPICS: Business/Economy; Egypt; Foreign Affairs; Front Page News; Israel; News/Current Events; Russia; Syria; War on Terror
KEYWORDS: argentina; brazil; brics; china; egypt; energy; eritrea; france; globalwarminghoax; hydrocarbons; india; iran; israel; ksa; lebanon; methane; nuclear; obamasfault; opec; petroleum; popefrancis; putinsbuttboys; republicofkorea; romancatholicism; russia; saudiarabia; sinai; southafrica; sudan; syria; vladtheimploder; waronterror; yemen
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1 posted on 06/21/2015 9:13:05 AM PDT by mac_truck
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To: mac_truck

The Saudis see the writing on the wall with Iran and Captain Midnight.


2 posted on 06/21/2015 9:20:12 AM PDT by headstamp 2
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To: headstamp 2

Unfortunately true.


3 posted on 06/21/2015 9:21:42 AM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
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To: mac_truck
The Saudi atomic and renewable energy body has already signed nuclear cooperation deals with countries able to build reactors, including the United States, France, Russia, South Korea, China and Argentina.

That's alot of reactors for a country swimming in oil. Hmm.

4 posted on 06/21/2015 9:24:30 AM PDT by McGruff (It's gonna get ugly round here.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
Zero said he'd have more leeway after the election, and to whom did he say that again?
Nineteen Eighty-Four
by George Orwell
(from chapter 17)
On a scarlet-draped platform an orator of the Inner Party, a small lean man with disproportionately long arms and a large bald skull over which a few lank locks straggled, was haranguing the crowd. A little Rumpelstiltskin figure, contorted with hatred, he gripped the neck of the microphone with one hand while the other, enormous at the end of a bony arm, clawed the air menacingly above his head. His voice, made metallic by the amplifiers, boomed forth an endless catalogue of atrocities, massacres, deportations, lootings, rapings, torture of prisoners, bombing of civilians, lying propaganda, unjust aggressions, broken treaties. It was almost impossible to listen to him without being first convinced and then maddened. At every few moments the fury of the crowd boiled over and the voice of the speaker was drowned by a wild beast-like roaring that rose uncontrollably from thousands of throats. The most savage yells of all came from the schoolchildren. The speech had been proceeding for perhaps twenty minutes when a messenger hurried on to the platform and a scrap of paper was slipped into the speaker's hand. He unrolled and read it without pausing in his speech. Nothing altered in his voice or manner, or in the content of what he was saying, but suddenly the names were different. Without words said, a wave of understanding rippled through the crowd. Oceania was at war with Eastasia! The next moment there was a tremendous commotion. The banners and posters with which the square was decorated were all wrong! Quite half of them had the wrong faces on them. It was sabotage ! The agents of Goldstein had been at work ! There was a riotous interlude while posters were ripped from the walls, banners torn to shreds and trampled underfoot. The Spies performed prodigies of activity in clambering over the rooftops and cutting the streamers that fluttered from the chimneys. But within two or three minutes it was all over. The orator, still gripping the neck of the microphone, his shoulders hunched forward, his free hand clawing at the air, had gone straight on with his speech. One minute more, and the feral roars of rage were again bursting from the crowd. The Hate continued exactly as before, except that the target had been changed.

The thing that impressed Winston in looking back was that the speaker had switched from one line to the other actually in midsentence, not only without a pause, but without even breaking the syntax... Oceania was at war with Eastasia : Oceania had always been at war with Eastasia. A large part of the political literature of five years was now completely obsolete.

5 posted on 06/21/2015 9:27:48 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: mac_truck
"There will be costs for any military intervention in Ukraine,"---Obama

Russia having to do business with all of our former allies must be part of the "costs" to which Obama's threat was referring.

6 posted on 06/21/2015 9:29:16 AM PDT by oldbrowser (We have a rogue government in Washington.)
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Saudi-owned al-Arabiya TV, citing unnamed sources, said the kingdom planned to build 16 nuclear reactors in which Russia would play a significant role in operating them.

7 posted on 06/21/2015 9:30:27 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: SunkenCiv

>>build 16 nuclear reactors in which Russia would play a significant role in operating them.

It would be tragic if Mecca had Chernobyl incident.


8 posted on 06/21/2015 9:43:54 AM PDT by HLPhat (This space is intentionally blank.)
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To: mac_truck

So Russia can’t lose. They’ve given Iran, Saudi Arabia’s historic adversary the ability to build a nuclear plant to create weapons and now they’re working with the Saudis along the same lines.


9 posted on 06/21/2015 9:51:22 AM PDT by lbryce (dsnmakers)
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To: mac_truck

The USA went off of the gold standard but needed some scarce commodity to safeguard the future faith I the US dollar:

the US would provide Saudi Arabia with security while Saudi Arabia would refuse to use anything except the US dollar for selling its oil - this new Petrodollar deal worked great.

Now that the Saudis are demonstrating they trust us so little, what is going to happen to the dollar..?

This nuclear news is extremely important and super super bad.


10 posted on 06/21/2015 9:56:46 AM PDT by gaijin
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To: mac_truck

Barry’s doing for international nuke sales what he has done for domestic firearms sales.


11 posted on 06/21/2015 10:33:39 AM PDT by Paine in the Neck (Socialism consumes EVERYTHING)
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12 posted on 06/21/2015 10:36:14 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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OPEC's de facto pricing has been in Euros for over a decade; keeping oil price-stable in Europe kept them competitive with Putin's Russian kleptocracy, and gave them leverage over the US, the EU, and themselves (price discipline is the only way a cartel can endure).
OPEC Has Already Turned to the Euro
GoldMoney Alert
February 18, 2004


...The source for the euro exchange rate is the Federal Reserve, and I have calculated the euro's average exchange rate to the dollar for each year based on daily data.
US Imports of Crude oil
(1)
(2)
(3)
(4)
(5)
(6)
Year
Quantity (thousands of barrels)
Value (thousands of US dollars)
Unit price (US dollars)
Average daily US$ per € exchange rate
Unit price (euros)

2001

3,471,066
74,292,894
21.40
0.8952
23.91
2002
3,418,021
77,283,329
22.61
0.9454
23.92
2003
3,673,596
99,094,675
26.97
1.1321
23.82
We can see from column (4) in the above table that in 2001, each barrel of imported crude oil cost $21.40 on average for that year. But by 2003 the average price of a barrel of crude oil had risen 26.0% to $26.97 per barrel. However, the important point is shown in column (6). Note that the price of crude oil in terms of euros is essentially unchanged throughout this 3-year period.

As the dollar has fallen, the dollar price of crude oil has risen. But the euro price of crude oil remains essentially unchanged throughout this 3-year period. It does not seem logical that this result is pure coincidence. It is more likely the result of purposeful design, namely, that OPEC is mindful of the dollar's decline and increases the dollar price of its crude oil by an amount that offsets the loss in purchasing power OPEC's members would otherwise incur. In short, OPEC is protecting its purchasing power as the dollar declines.

13 posted on 06/21/2015 10:49:48 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: mac_truck
I'm not at all surprised...Putin is a businessman first....you cut the man off as the US/EU did he hits the ground running...he's been doing exactly as we said he'd do....

Obamas message to Americans...


14 posted on 06/21/2015 10:57:01 AM PDT by caww
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To: gaijin
..."Now that the Saudis are demonstrating they trust us so little, what is going to happen to the dollar..?.......This nuclear news is extremely important and super super bad"....


15 posted on 06/21/2015 11:03:28 AM PDT by caww
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To: HLPhat; lbryce

I think the Russians started using containment domes after Chernobyl; containment domes are a relatively cheap way to avoid, uh, problems, the kind associated with the rare but serious problems related to drunk and hungover technicians operating nuclear power plants. Probably be a better move to bring in non-Saudis with a technical education to operate them in a country that is ETOH-free by statute.

The Gulf States were slow about capturing natural gas from wells, and typically just burned it off. That went on for decades. Now they sell it, as well as burn it in power plants. If they used the hydrocarbon fuels they’re practically swimming in to build and operate, oh, I dunno, desalination plants, and subdivided the entire Empty Quarter into 40,000,000 4 acre suburban lots, a typical muzzie family (avg just over six per family, 4.3 kids), then offered these for sale at a very modest price, with a water/sewer/electrical/communication buildout as it went, there would be a large number of interested parties, and a significant fraction of the entire muzzie world would be living like modern Connecticut (just no booze).

The Kingdom is also starting to invest [sic] in photovoltaics. Here’s one of history’s most ridiculous headlines:

Saudi Arabia is Investing Heavily in Solar Power; Is This the End for Big Oil?
http://inhabitat.com/saudi-arabia-is-investing-heavily-in-solar-power-is-this-the-end-for-big-oil/


16 posted on 06/21/2015 11:03:50 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: SunkenCiv

>>with a water/sewer/electrical/communication buildout as it went

Add something like localized Aquaponics food production and you might have a framework for independent self-sustaining communities.

Otherwise it’s just another collective hive with the keepers controlling the tyranny of the appetite.


17 posted on 06/21/2015 11:28:31 AM PDT by HLPhat (This space is intentionally blank.)
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To: HLPhat

self-sustaining community = collective hive


18 posted on 06/21/2015 11:39:45 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: mac_truck
Put aside the political reasons ( this is a shiv in the back to US relations and statement IMHO ) and does it make sense to export the fuel that these plants would replace the consumption of for electrical generation. Leave off the table what else it can lead too, as we all will be reaching for the Mylanta and ask....

Could these be Westinghouse, Babcox and Wilcox, or GE Hitachi Reactors with US engineering, some manufacturing, and or profits. How does Russian Reactors compare to our turnkey designs in terms of safety? My guess not good... How and why are we not Competitive here? Where is the Dept of Commerce? Never-mind Muslim outreach for NASA where is it here? All in favor of closing the Dept of Commerce say Aye...

19 posted on 06/21/2015 12:49:02 PM PDT by taildragger (It's Cruz & Walker. Anything else is a Yugo with Racing Stripes....)
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20 posted on 06/21/2015 1:29:27 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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