Saudi energy minister pledges to maintain global commitments amid challenges
Prince Abdulaziz bin Salman says the kingdom will overcome disruptions through decades of investment in resilience.
At a glance
- Prince Abdulaziz bin Salman addressed the World Petroleum Congress in Riyadh on Monday
- He said Saudi Arabia has invested decades in spare capacity and alternative export routes
- The minister emphasised resilience must be built before crises occur, not in response to them
- He highlighted the importance of localising energy industries and supply chains
Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said Monday that the country would meet its international energy commitments and continue its transformation programme despite current challenges. Speaking at the 25th World Petroleum Congress in Riyadh, he noted that recent regional developments and infrastructure attacks had shown energy security cannot be assumed.
The minister said Saudi Arabia had invested for decades in spare production capacity, storage facilities, alternative export routes, technology and skilled personnel. He described energy resilience as a continuous state of preparedness built through sustained investment, encompassing not just production but also the ability to maintain operations, repair infrastructure and recover under pressure.
Why it matters
Energy security concerns have risen following regional tensions and infrastructure attacks, making reliable supply commitments from major producers significant for global markets.
Original reporting
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