Saudi Energy Minister discusses investment opportunities in ‎Netherlands, Portugal, Indonesia ‎

Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, held meetings via video conference with the Minister of Climate and Energy Policy of the Kingdom of the Netherlands Rob Getten, the Minister of Energy and Mineral Resources of the sister Republic of Indonesia, Arefin Tarrif, and with the Minister of Environment and Climate Action of the Republic of Portugal, Duarte Cordero. He discussed with them the importance of cooperation in various energy fields, such as clean hydrogen and renewable energy

In his meeting with the Minister of Environment and Climate Action of the Republic of Portugal, Duarte Cordero, they stressed the importance of supporting the stability of global oil markets by encouraging dialogue and cooperation between producing and consuming countries, and the need to ensure the security of energy supplies.

During the meeting, the two parties indicated that the Kingdom is a reliable partner and one of the countries exporting crude oil to Portugal, stressing the importance of cooperation in many energy fields, such as clean hydrogen and renewable energy, including the integration of the current produced from renewable energy in networks, and security International reliability, trade and interconnection of electrical systems.

The two ministers promised the energy transition is an important matter in addressing energy and climate challenges, which will be discussed more broadly at the United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt.

Prince Abdulaziz bin Salman held a meeting with the Minister of Climate and Energy Policy of the Kingdom of the Netherlands Rob Getten, during which the two sides discussed further strengthening of bilateral relations between the Kingdom of Saudi Arabia and the Netherlands in the field of energy.

In his meeting “through visual communication” with the Minister of Energy and Mineral Resources of the sisterly Republic of Indonesia, Tasrif, the two ministers stressed the importance of the brotherly relations linking the Kingdom of Saudi Arabia with the Republic of Indonesia in all fields, noting that the Kingdom is a reliable partner and a major source of supplies. Crude oil and refined petroleum products to Indonesia.

The two ministers also stressed the importance of strengthening relations between the two countries in the energy sector, including joint work to exploit investment opportunities in the fields of refining, petrochemicals, electricity and renewable energy, in addition to efforts to raise the efficiency of energy production and consumption, and raise awareness and knowledge of the circular carbon economy approach. Its techniques and applications