
From CQ Politics/Spy Talk:
It had to happen someday: A Middle Eastern oil exporter glimpsing the bottom of the barrels.
The booming United Arab Emirates, facing declining oil reserves, will be issuing a call for bids early next year for the construction of "several" nuclear power plants, the Paris-based Intelligence Online (IO) newsletter is reporting.
Westinghouse (now a U.S.-Japanese company) and France's Areva "are geared up to bid for the huge contract," it said.
The Bush administration has favored the deal, arguing that it's an object lesson on U.S. support for peaceful nuclear power development in the region.
"This is a real counter-example to what Iran is doing," a senior US official was quoted as saying in the Wall Street Journal over the weekend. "We're seeking commitments from nations within the Middle East."
Read more ....
My Comment: This is going to be booted into the Obama administration. But since the rulers for the United Arab Emirates and their allies were THE big contributors to President Clinton's Library .... and his wife will be the Secretary Of State .... Hmmmmm .... I will not be surprised to see this project go forward.
What? .... me cynical .... yeah .....





