Saudi Arabia a ‘pioneer’ in energy transformation, minister tells Davos – ZAWYA

Saudi Arabia a ‘pioneer’ in energy transformation, minister tells Davos – ZAWYA

Saudi Arabia a 'pioneer' in energy transformation, minister tells Davos. We have developed the idea of the circular carbon economy, and we are pioneers of carbon sequestration at Aramco, as well as measures on upstream and downstream efficiency: Saudi Energy Minister. DAVOS: Saudi Energy Minister Prince Abdulaziz bin Salman mounted a strong defense of the Kingdom's record on climate change and clean energy production at a special event during the annual meeting of the World Economic Forum in Davos.. On a panel titled, "The Future of Fossil Fuels," with other energy industry leaders, the prince told delegates that Saudi Arabia was a "pioneer" in many areas of clean energy production and usage, and that it had taken big steps toward diversifying its energy mix.. Prince Abdulaziz, at his first Davos as energy minister, said that the Kingdom, as one of the world's biggest oil producers and exporters, had a duty to play its part in the energy transformation away from fossil fuels, but had other responsibilities as well.. We are converting our power sector and its energy mix to a point where by 2030 I am confident we will become one of the top producers of solar energy and renewables..