The United States and Saudi Arabia are preparing to sign a preliminary energy investment agreement, which includes a significant deal for civilian nuclear technology. This announcement was made by US Energy Secretary Chris Wright during a press conference in Riyadh. Wright noted that further details about the nuclear cooperation plan will be shared later this year. His remarks came after he met Saudi Energy Minister Prince Abdulaziz bin Salman, where both sides signalled strong interest in future collaboration.
Wright highlighted that both nations are moving closer to a partnership that will help Saudi Arabia develop its civil nuclear programme. However, such cooperation must comply with Section 123 of the US Atomic Energy Act of 1954. This law requires strict non-proliferation standards to ensure nuclear technology remains peaceful. Wright also assured that the agreement would meet the objectives of both Washington and Riyadh while promoting responsible technology use.
Nuclear Power Supports Saudi Arabia’s Vision 2030
Saudi Arabia, known as the world’s largest oil exporter, is working to cut carbon emissions and expand renewable energy under its Vision 2030 plan. Nuclear energy will be a key part of this strategy. The kingdom aims to develop 17 gigawatts of nuclear capacity by 2040 and plans to launch two reactors, offering 3.2 gigawatts of combined output, within the next ten years. This shift will allow Saudi Arabia to balance its energy mix and reduce its long-standing dependence on oil.
Wright’s visit came just a day after his delegation explored the King Abdullah Petroleum Studies and Research Centre. This stop underlined the growing alignment between the two nations on energy policy and research.
US Expands Energy Cooperation Across the Gulf
Riyadh was the second destination on Wright’s first overseas tour as Energy Secretary. His journey began in the United Arab Emirates, where he praised the UAE, Saudi Arabia, and Qatar as vital partners for the US. Wright stressed that these nations would help the US meet rising energy needs, especially as advanced technology drives demand.
In Abu Dhabi, he also predicted significant Emirati investments in the American energy sector. After Saudi Arabia, Wright plans to visit Qatar, reinforcing Washington’s strategy to deepen Middle East energy partnerships. His tour comes just weeks ahead of US President Donald Trump’s scheduled visit to the region.
