Rosatom applies for permit for construction of nuclear power plant in Kuwait - Finance and Markets

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The Russian state corporation Rosatom has applied for building permit for construction of the nuclear power plant in Kuwait, announced the Russian Energy Minister Alexander Novak. Currently, the main talks on the implementation of the project are under way. The Russian company has declared interest in building reactors in Saudi Arabia. Rosatom’s overseas projects in 2018 provide for the construction of 33 blocks in 12 countries.
“Russia is also interested in cooperation with Kuwait in other areas of energy”, said Alexander Novak. One of these is liquefied gas. “We are interested in supplying gas to Kuwait. Our colleagues are planning to expand the use of liquefied gas to generate electricity”, added he.
Kuwait is one of the largest oil and petroleum products exporters worldwide, but at the same time prefers to import gas, largely liquefied, for the needs of its power generation.
Thus the emirate reduces emissions of harmful gases into the atmosphere using gas instead of oil and keeps larger quantities of oil for export.