Saudi energy minister reaffirms commitment to renewable energy expansion
Saudi energy minister says at World Petroleum Congress that the Kingdom remains committed to Vision 2030 and ongoing investment in renewables.
Key Takeaways
AISaudi Minister of Energy and Minister of Industry and Mineral Resources, Abdulaziz bin Salman, affirmed that the Kingdom will continue investing in the energy sector and expanding renewable energy projects, emphasizing the country's commitment to Vision 2030.
Speaking at the opening of the World Petroleum Congress in Riyadh, Abdulaziz bin Salman said that investment in energy must continue to achieve the Kingdom's strategic objectives.
He noted that there can be no future for energy without ensuring energy security, stressing that Saudi Arabia places energy security at the top of its priorities.
The minister added that the world benefits from the Kingdom's ability to supply energy even under challenging circumstances, reflecting Saudi Arabia's pivotal role in stabilizing energy markets.
He also emphasized that localization is among the most important strategic goals for the Kingdom in the energy and industrial sectors.
