Life in the Middle East never stands still. The inexorable progress of Iran towards some form of nuclear capability has not been halted by the negotiations which began at the end of last year and which have now run on for almost six months. In the absence of a deal others are assuming the worst. Unilateral direct action by Israel still cannot be definitively ruled out. Meanwhile, other countries are feeling the need to prepare their own deterrents. Having lost confidence in the umbrella of US security the Saudis are developing their own capabilities. The dangers for the region and for the world’s energy markets are enormous.
The issue is set out in an excellent new paper for the Belfer Center at Harvard by Olli Heinonen and Simon Henderson. The Saudis’ explanation of their newfound interest in nuclear technology is that they want to use it to produce electric power and to converse oil supplies which can be exported. There is a core of truth in this of course – Saudi Arabia’s domestic oil consumption is rising inexorably and is now more than 3m barrels a day. But, of course, this is exactly the argument used by Iran for its own nuclear research.
Heinonen and Henderson believe the Saudis are preparing the way and giving themselves the option of being able to move beyond civil nuclear power to the point where they could within a matter of months produce some form of weapon. The country undoubtedly has the money to buy whatever is needed and they have close and dangerous allies within Pakistan, a country which is already a nuclear state. Scrutiny by the International Atomic Energy Agency is minimal (bizarrely the organisation spends more money monitoring Jordan) and the Saudis could go a long way down the path to nuclear capability without it becoming obvious until very late in the day....MORE
Tuesday, April 8, 2014
"The risks of a nuclear Saudi Arabia"
From the Financial Times' Nick Butler 'On Energy and Power':