London, Riyadh to Ensure Sustainable Solutions Meeting Global Energy Needs

  • Date: 15-May-2022
  • Source: Asharq AL-awsat
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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London, Riyadh to Ensure Sustainable Solutions Meeting Global Energy Needs

A British diplomat stressed that her country would work closely with Saudi Arabia as one of the strategic partners to ensure sustainable solutions that meet global energy needs and protect the world for the future.

UK Deputy Ambassador to the Kingdom of Saudi Arabia Anna Walters affirmed that SABIC's recent announcement of an investment of £850 million in decarbonization operations in north-east England, and Saudi Alfanar's commitment to invest £1 billion in the UK to convert waste into clean aviation fuel, are typical examples of this approach.

On the repercussions of the Ukrainian crisis, Walters stressed that her country does not depend on Russian natural gas, which constitutes less than 4% of British supplies.

The UK is exploring options to end this matter completely, revealed Walters, adding that her country plans to work on developing a long-term energy strategy that promotes the Kingdom as a leading global center in terms of technology and green finance.

Walters told Asharq Al-Awsat that the relationship between the UK and Saudi Arabia is of great importance as it covers a wide range of economic and national security interests that are based on a long-term bilateral relationship that is established on a number of pillars including security, energy, trade