Saudi energy minister discusses oil market stability with European ministers

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022.— Reuters

  • Saudi Energy Minister discusses increasing stability of international oil market.
  • He also discussed cooperation in renewable energy with Greece's Skrekas.
  • Said he wants to strengthen cooperation to address emerging risks, challenges.
  • Saudi Arabia's Energy Clergyman Ruler Abdulaziz canister Salman had conversations on supporting and expanding the solidness of the worldwide oil market with European priests, as per Saudi state news organization SPA.

  • In isolated virtual gatherings with France's Pastor for Energy Change, Agnes Pannier-Runacher, and Greece's Energy Clergyman, Kostas Skrekas, Sovereign Abdulaziz talked about proceeding with close correspondence and reinforcing participation to address arising dangers and difficulties, SPA announced.

  • SPA added that in the two gatherings the clergymen "featured the need to guarantee secure and dependable supplies of energy into worldwide business sectors", while likewise noticing that the realm "keeps on being a solid accomplice and provider of unrefined petroleum" for France and Greece.

  • The discussions between Sovereign Abdulaziz and France's Pannier-Runacher remembered participation for the field of clean hydrogen, sustainable power, and serene purposes of thermal power, inside the structure of Saudi-French joint atomic arrangement endorsed in 2011, SPA announced right off the bat Friday.

  • Ruler Abdulaziz likewise talked about collaboration in sustainable power with Greece's Skrekas, notwithstanding "the advancement of a power interconnection that will trade clean energy to Greece and Europe," SPA said on Thursday.

  • "They likewise talked about the significance of clean hydrogen and ideal ways of moving clean hydrogen to Europe through Greece," as per SPA.