Energy Minister Prince Abdul-Aziz bin Salman bin Abdul-Aziz met onMonday a French Senate delegation headed by Senator Jean-Marie Bockel, chairmanof the French-Gulf Friendship Committee, who praised Saudi Arabia's efficiencyin the face of terrorist attacks.
The meeting dealt with ways of enhancing the distinguishedhistorical relationship between Saudi Arabia and France, and investmentopportunities in the fields of energy, industry, climate and technology.
The two sides discussed opportunities for future projects betweenthe two countries in the field of energy, the peaceful civilian nuclear programthat Saudi Arabia intends to implement, and the relations linking Saudi Arabia withseveral French entities, including those in the French private sector such asTotal.
The two sides also discussed the necessary measures to address thegrowing pressures on the environment in general, including Saudi Arabia'sefforts to reduce associated carbon dioxide emissions and recycle it, and SaudiArabia introduced the concept of low-carbon circular economy; a frameworkthrough which the treatment of carbon emissions from all sectors, and all typesof Greenhouse gases.
Such initiatives reflect the Saudi efforts to fulfill its nationalcommitments under Paris Agreement, and the importance of achieve balance andinclusive solutions, including reducing greenhouse gas emissions and adaptingto the adverse effects of climate change.
In this context, the French side was briefed on the Saudi effortsto support and encourage innovation and invention in the field of energy inorder to achieve high efficiency systems, without prejudice or discriminationagainst any of its sources.
On the threat to security of energy supplies, especially whathappened as a result of blatant attacks on some Saudi Aramco facilitiesrecently, the French side expressed its admiration for the ability of SaudiArabia to face such challenges, which manifested in being able to restoreproduction and balance in a short time. Thus, it prevented global economies,both developed and developing, from being affected as all energy markets areinfluenced by what happens in Saudi Arabia; however, Saudi Arabia's neutralizationof the impact of these attacks on the reliability of supply and, as a result, itssuccess in maintaining the balance of supply and demand in the global market, leadingto achieve stability of the markets and reassure them about Saudi Arabia's commitmentto ensure the safety and sustainability of supplies.
