An asset swap of uranium for reactors seems likely. The Jordanian Atomic Energy Agency has entered into negotiations with Areva and Rosatom to build 2 Gwe of nuclear powered electricity by 2020. Both firms are offering 1,000 MW reactors.
The Kingdom is likely to offer to pay for them with an asset swap from its uranium ore reserves said to be equal to 25,000 tonnes of yellowcake. However, opposition in Jordan's parliament may slow down closure of the deal. Currently, Jordan imports almost all of its electricity.
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