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23-10-22
Saudi Arabia, China hold online meeting to reinforce cooperation in energy sector
(MENAFN) Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman and Zhang Jianhua, China’s national energy administrator, talked about methods to reinforce collaboration and two-sided relations in the sector of energy, as reported by the Saudi Press Agency on Friday.
Throughout the online conference, the two nations underlined the need of regularly discussing ideas as two vital worldwide energy producers as well as consumers, as said by the SPA.
The administrators announced that they are eager to cooperate to back the steadiness of the global oil market, carry on close communication, in addition to reinforcing collaboration to address the evolving dangers and obstacles.
They also underlined the need of long-term and reliable oil provisions to steady the international market, pointing out that the nation carries on to be China’s most reliable cooperate and provider of crude oil, SPA mentioned in a report.
Both countries also talked about collaboration and mutual investments as well as underlining the need of collaboration in the sectors of electricity and renewables, and to work together in the area of clean hydrogen via research and development.
MENAFN23102022000045014228ID1105065211
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