Saudi Arabia, US on ‘Pathway’ to Civil Nuclear Agreement, US Energy Secretary Says

Wright, who had met with Saudi Energy Minister Prince Abdulaziz bin Salman earlier on Sunday, said Riyadh and Washington were on a “a pathway” to reaching an agreement to work together to develop a Saudi civil nuclear programme.

Wright, on his first visit to the kingdom as secretary as part of tour of energy-producing Gulf states, said further details over a memorandum detailing the energy cooperation between Riyadh and Washington would come later this year.

“For a U.S. partnership and involvement in nuclear here, there will definitely be a 123 agreement… there’s lots of ways to structure a deal that will accomplish both the Saudi objectives and the American objectives,” he said.

A so-called 123 agreement with Riyadh refers to Section 123 of the U.S. Atomic Energy Act of 1954 and is required to permit the U.S. government and American companies to work with entities in the kingdom to develop a civil nuclear industry.

Saudi authorities have not agreed to the requirements under the act, Wright said. It specifies nine non-proliferation criteria a state must meet to keep it from using the technology to develop nuclear arms or transfer sensitive materials to others.

Progress on the discussions had previously been difficult because Saudi Arabia did not want to sign a deal that would rule out the possibility of enriching uranium or reprocessing spent fuel – both potential paths to a bomb.

Saudi Crown Prince Mohammed bin Salman has long said that if Iran developed a nuclear weapon, Saudi Arabia would follow suit, a stance that has fuelled deep concern among arms control advocates and some U.S. lawmakers over a possible U.S.-Saudi civil nuclear deal.

Wright did not mention a wider arrangement with the kingdom, which the previous administration of U.S. president Joe Biden had been seeking and included a civil nuclear agreement and security guarantees in the hopes it would lead to normalisation of relations between Saudi Arabia and Israel.

Saudi Arabia, the world’s largest oil exporter, is seeking to generate substantial renewable energy and reduce emissions, under the crown prince’s Vision 2030 reform plan. At least some of this is expected to come from nuclear energy.

(Reporting by Pesha Magid; Writing by Andrew Mills Editing by David Goodman and David Evans)

Share This:


More News Articles

 

  • Related Posts

    Oil Prices Drop as Traders Look for US-Iran Talks Progress

    (Reuters) – Oil prices fell around 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks ​against renewed hostilities. Brent crude futures fell $2.67, or 2.68%, to $96.91…

    Oil Cargo From US Emergency Reserve Heads to Asia, First in Over 3 Years 

    A cargo of crude oil from the U.S. Strategic Petroleum Reserve is heading to the Philippines, the first shipment of U.S. emergency reserve oil to Asia since November 2022, ship…

    Have You Seen?

    Dongfeng claims 1,700km range from new fuel cell-truck tractor combo

    • May 27, 2026
    Dongfeng claims 1,700km range from new fuel cell-truck tractor combo

    Oil Cargo From US Emergency Reserve Heads to Asia, First in Over 3 Years 

    • May 27, 2026
    Oil Cargo From US Emergency Reserve Heads to Asia, First in Over 3 Years 

    Oil Prices Drop as Traders Look for US-Iran Talks Progress

    • May 27, 2026
    Oil Prices Drop as Traders Look for US-Iran Talks Progress

    WINNERS & LOSERS: Iran War Splits Global Markets Into Clear Winners and Losers

    • May 27, 2026
    WINNERS & LOSERS: Iran War Splits Global Markets Into Clear Winners and Losers

    Iran Says Draft Deal with US Would Reopen Hormuz Shipping, End Naval Blockade

    • May 27, 2026
    Iran Says Draft Deal with US Would Reopen Hormuz Shipping, End Naval Blockade

    EU hydrogen sector pushes for Brussels to protect projects from RFNBO changes

    • May 27, 2026
    EU hydrogen sector pushes for Brussels to protect projects from RFNBO changes

    EU hydrogen sector pushes for Brussels to project projects from RFNBO changes

    • May 27, 2026
    EU hydrogen sector pushes for Brussels to project projects from RFNBO changes

    Canada expected to sign major LNG export deal with Germany

    • May 27, 2026
    Canada expected to sign major LNG export deal with Germany

    ADNOC Sends Another LNG Carrier Through Hormuz in “Dark Mode”

    • May 27, 2026
    ADNOC Sends Another LNG Carrier Through Hormuz in “Dark Mode”

    Oil Prices Fall as Traders Bet on U.S.-Iran Deal

    • May 27, 2026
    Oil Prices Fall as Traders Bet on U.S.-Iran Deal