Riyadh: Saudi Arabia is the most reliable oil supplier, said Energy Minister Amir Abdulaziz bin Salman. He also said that the revised plan ‘Vision 2030’ has become the overall vision of Saudi citizens. The Energy Minister was addressing the plenary session of the 6th three-day Future Investor Summit, which began in Riyadh on Tuesday under the auspices of the Saudi Future Investment Initiative Institute.
Saudi oil exports to Europe have doubled. 4,90,000 barrels per day in September last year and 9,50,000 barrels per day this year. He cautioned against stockpiling large amounts of fuel for fear of shortfall in excess capacity. Amir Abdul Aziz said that energy crisis is the worst problem at present. “We are communicating with many European countries about the current crisis. “Europe is witnessing a critical juncture in terms of supply chain,” he added.
The minister said that in the coming months oil will be supplied from Saudi Arabia to all those who need it. Saudi Arabia will be a reliable supplier of oil to the nations of the world.
“Everyone is talking about a deep recession. It is important to prevent the worst. “We should always prepare for the worst,” he said.
They are excited about the upcoming climate conference in Sharm El Sheikh, Egypt, from November 6 to 18. The Middle East Green Initiative and the Saudi Green Initiative will review what they have achieved in this regard. He said that many achievements can be achieved in the field of energy in connection with the conference in Egypt.