Abdulaziz bin Salman Stresses Saudi-UAE Cooperation for Future Energy Mix

Abdulaziz bin Salman Stresses Saudi-UAE Cooperation for Future Energy Mix

Saudi Energy Minister Prince Abdulaziz bin Salman stressed that Saudi Arabia and the UAE were working to increase production capacity, enhance refining volume, and convert oil into petrochemicals.

He noted that the two countries were seeking to provide a safe and sustainable energy system.

In his speech on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) on Monday, the Saudi minister said: “We and the UAE - one of the largest oil producers in the world… will cooperate to set the rules for the future energy mix.”

Prince Abdulaziz bin Salman described Saudi Arabia and the UAE as “twins” in the measures taken to address energy production and climate change.

“If we look at the conferences that we host in Saudi Arabia and the UAE, the message we send is that we are present, proactive, and we will be vigilant. None of the limited calls will deter us from focusing on our future; because if we lose focus on the future, we will repeat what is happening today,” he remarked.

Suhail Al Mazrouei, UAE Minister of Energy, said that OPEC+ was keen to provide the world with the oil supplies it needs, stressing that the alliance that includes major producers would