Saudi energy minister discusses oil market stability with EU ministers

Oct 28 (Reuters) – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has held talks on supporting and increasing the stability of the international oil market with European ministers, according to the news agency. Saudi SPA.

In separate virtual meetings with French Energy Transition Minister Agnès Pannier-Runacher and Greek Energy Minister Kostas Skrekas, Prince Abdulaziz discussed continuing close communication and strengthening cooperation to address emerging risks and challenges, SPA reported.

SPA added that at both meetings, the ministers “stressed the need to ensure a secure and reliable supply of energy to global markets”, while noting that the kingdom “continues to be a reliable partner and supplier of crude oil” for France and Greece.

The talks between Prince Abdulaziz and Frenchman Pannier-Runacher included cooperation in the field of clean hydrogen, renewable energies and peaceful uses of nuclear energy, within the framework of the Franco-Saudi joint nuclear agreement signed in 2011, SPA reported early Friday.

Prince Abdulaziz also discussed cooperation in renewable energy with Greek Skrekas, in addition to “promoting an electricity interconnector that will export clean energy to Greece and Europe”, SPA said on Thursday.

“They also discussed the importance of clean hydrogen and the optimal ways to transport clean hydrogen to Europe via Greece,” according to SPA.

Reporting by Nayera Abdallah; Additional reporting by Omar Fahmy; Editing by Christian Schmollinger and Christopher Cushing

Our standards: The Thomson Reuters Trust Principles.

About Leni Loberns

Check Also

Biden ‘has no intention of meeting Saudi crown prince at G20’

With US-Saudi relations strained again over Riyadh’s recent support for oil production cuts, US President …