Saudi Arabia shifts from major supplier to key energy partner, expert says
Mining and energy expert Mohammed Al-Qahtani says Riyadh’s hosting of the conference highlights Saudi Arabia’s growing influence in shaping the global energy sector.
Key Takeaways
AIMining and energy expert Dr. Mohammed Al-Qahtani highlighted Saudi Arabia’s global standing in the energy sector.
Speaking in an interview with Al Ekhbariya Radio, Al-Qahtani said that Riyadh’s hosting of the conference reflects the Kingdom’s international position in the energy sector and its transition from a primary supplier to an influential partner shaping the future of the global energy system.
He added that the world now relies on Saudi Arabia when it comes to energy, which underscores the significance of Riyadh hosting this conference. The Kingdom holds many strategic assets, including strong production capacity, significant investment weight through various channels such as the sovereign wealth fund, and robust economic ties with major consumers in both the East and West.
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