Federal Reserve maintains interest rates    Egypt, France airdrop aid to Gaza amid growing humanitarian crisis, global criticism of Israel    Supply minister discusses strengthening cooperation with ITFC    Egypt launches initiative with traders, manufacturers to reduce prices of essential goods    SCZONE chief discusses strengthening maritime, logistics cooperation with Panama    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt to relaunch civil nuclear program
Published in Daily News Egypt on 26 - 09 - 2006


Agence France-Presse CAIRO: Egypt is to relaunch its civil nuclear energy program after a 20-year freeze, with plans for a nuclear power station on the Mediterranean coast, officials said Sunday. The government s Supreme Council for Energy met Sunday for the first time in 18 years to discuss alternative energy sources including the nuclear option. The meeting decided to immediately begin studying a nuclear alternative in the light of increased need in Egypt, cabinet spokesman Magdi Radi told MENA, the official news agency. The rate of consumption has surpassed the rate of development, and alternatives from other energy sources ... are limited while the nuclear option has spread in the world as a result of an increase in safety, Radi said. On Thursday, President Hosni Mubarak told delegates at the closing session of his annual party conference that Egypt needed to begin looking into nuclear energy. We must benefit from sources of new and renewable energy, including peaceful uses of nuclear energy, he said. The future of energy is a central element in the building of the nation s own future, Mubarak said. On Sunday, Minister of Electricity, Hassan Yunes, told the state-owned Al Ahram daily that his country would have an operational power plant within 10 years of the project s approval. Egypt will build a 1,000-megawatt nuclear power plant at Al-Dabaa on the Mediterranean coast at a cost of between $1.5 and $2 billion, Yunes told the newspaper. He also said that Egypt would negotiate with foreign organisztions over funding for the project. Egypt s nuclear program was frozen in 1986 following the accident at the Chernobyl power plant in what was then the Soviet Union. Although not a member of OPEC, Egypt exports crude oil despite slim reserves, and has also tapped into natural gas reserves. The independent daily Al-Masry Al-Youm quoted anonymous sources as saying that the government planned to construct three 1,800-megawatt nuclear power stations. Another daily, the state-owned Al-Akhbar, quoted Yunes as saying several construction sites for power stations of a capacity of up to 5,000 megawatts had been identified. On Thursday, U.S. Ambassador to Egypt Francis J. Ricciardone said that the United States would have no objection to Egypt s peaceful use of nuclear energy. Speaking to Egypt s Al-Mehwar television, Ricciardone said that the United States encourages the peaceful use of nuclear power for civilian purposes throughout the world . Ahmed Al-Qadi, former Chairman of the Nuclear Security Center, said that the Al-Dabaa reactor could produce more electricity than the Aswan High Dam. Electricity is heavily subsidized in Egypt, with the government bearing the brunt of the cost while domestic consumers pay little. But key regional U.S. ally Egypt is not expected to encounter the same problems faced by Iran in its controversial quest for nuclear energy. Egypt, a signatory of the nuclear non-proliferation treaty, officially calls for the elimination of atomic arms in the region, and has repeatedly criticized Israel for its possession of nuclear weapons. Israel refuses to acknowledge or deny that it has nuclear arms, but most experts agree that it has at least 200 atom bombs in its arsenal. On Friday, a bid by Arab nations to pass a resolution at the UN s International Atomic Energy Agency condemning Is

Clic here to read the story from its source.