Yesterday, the Emirates Nuclear Energy Corporation announced the signing of the first commercial contract for the supply of uranium fuel with the National Atomic Energy Company of Kazakhstan, “Kazatoprom”, in order to ensure the supply of fuel to the Barakah peaceful nuclear energy plants in the Al Dhafra region in the Emirate of Abu Dhabi. This contract paves the way for new areas of future cooperation. between the two sides, and supports the strategy adopted by the Emirates Nuclear Energy Corporation since the beginning of the UAE peaceful nuclear program, which includes diversifying purchases and suppliers to ensure a safe and sustainable supply of nuclear fuel.
The signing of the contract came during the official visit of the President of Kazakhstan, Kassym-Jomart Tokayev, to the UAE, during which the delegation of the National Atomic Energy Company of Kazakhstan participated in the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), where the signing took place in the presence of officials from the two countries during Conference.
This agreement has strategic importance, given that Kazakhstan is the largest uranium producer in the world, as it possesses approximately 12% of the extractable uranium resources, and produces 40% of the uranium supply at the global level, as it extracted 42% of the world’s uranium during the year 2022. .
The Managing Director and CEO of the Emirates Nuclear Energy Corporation, Mohammed Al Hammadi, said, “The corporation has a comprehensive strategy for fuel management at the Barakah stations, as it signed contracts in 2012 with a number of global suppliers, to ensure sustainable and safe supplies,” noting that the agreement that was signed With Kazatomprom, as the largest uranium producer in the world, it is of strategic importance to the Emirates Nuclear Energy Corporation, which includes continuing to diversify and secure fuel supplies.
For his part, CEO of Kazatomprom, Mirzan Yusupov, said: “We are pleased to add the UAE to the countries we supply with fuel, especially with Kazatomprom’s record in the field of supply and its reputation in the market in the field of sustainability, which comes within the framework of the energy security and neutrality agenda.” Climate in the UAE.
He added: “We hope that our partnership will be strengthened in the future, leading to the conclusion of new contracts for reliable supplies of natural uranium to the Barakah nuclear power plants.”
• The contract supports the organization’s strategy to diversify purchases and suppliers.
Cooperation with the American “TerraPower” to develop nuclear energy “technologies.”
The Emirates Nuclear Energy Corporation signed a memorandum of understanding with the American company TerraPower, which specializes in innovation in the nuclear energy sector, with the aim of joint cooperation in the field of developing applications of advanced technologies in this sector. The memorandum was signed on the sidelines of the COP28 conference by the Deputy Executive Director of the Research and Development Program at the Emirates Nuclear Energy Corporation, Ahmed Al Mazrouei, and the CEO of TerraPower, Chris Lavesque, in the presence of the Managing Director and CEO of the Emirates Nuclear Energy Corporation, Mohammed Al Hammadi. And the Chairman of the Board of Directors of TerraPower, Bill Gates.
The Emirates Nuclear Energy Corporation and TerraPower will cooperate in a range of fields, including technical design and commercial feasibility to develop the “Natrium” technology, which was invented by the American company in both the UAE and the United States.
This technology will be used primarily to produce carbon-free electricity, along with non-conventional applications of nuclear energy that include hydrogen production.
2023-12-04 22:54:29
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