South Africa Considering Nuclear Project Bids from Russia and Iran

South Africa is contemplating nuclear bids from Russia and Iran to boost its energy capacity by 2,500 megawatts amid electricity shortages. Minister Gwede Mantashe stated that all viable offers would be considered. The U.S. has expressed concerns about South Africa’s ties to Iran, complicating efforts to finalize a new nuclear agreement after previous contracts expired.

South Africa is considering potential bids from Russia or Iran to enhance its nuclear energy capacity, as expressed by Gwede Mantashe, the Minister of Mineral and Petroleum Resources. The country is seeking to increment its nuclear power generation by 2,500 megawatts to address ongoing electricity shortages and lower its carbon emissions. Mantashe asserted that excluding any country from the bidding process would not be feasible if they provide the best offers.

In conclusion, South Africa’s openness to nuclear project bids from Russia and Iran may complicate its relations with the United States, particularly following recent geopolitical tensions. The nation aims to bolster its civilian nuclear capacity amidst legal challenges and international scrutiny. Continued negotiations for a new nuclear agreement with the U.S. are crucial to secure necessary reactor fuel and foster international investment in the sector.

Original Source: www.usnews.com