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Israel Plans Nuclear Unit to Replace Fossil Fuels

April 3, 1973
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In view of the present energy crisis facing the world, Israel is studying a plan to construct a unit that would supply nuclear energy to replace conventional fuel, Deputy Finance Minister Tzvi Dinstein, said today. Speaking at the Labor Alignment Economic Club, Dinstein, who is responsible for fuel matters, said the unit, to cost IL 250 million, would be completed by 1981 if construction began immediately. He noted that 350 similar nuclear reactors are planned or already under construction in 28 Western countries. Dinstein also said that Israel has invested IL 250 million in oil prospecting, but that no further drilling is being conducted in Sinai because it requires a political decision as yet unmade.

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