Saudi, U.S. energy ministers examine latest situation in world oil market

RIYADH, 7th December, 2016 (WAM) -- Saudi Arabia is committed to bring about stability and balance to the world oil market and continue to provide oil supplies to the world, including the United States, affirmed Minister of Energy, Industry and Mineral Resources Khalid bin Abdul Aziz Al-Faleh, during a meeting on Wednesday with visiting U.S. Energy Secretary Ernest Moniz.

"In addition to the oil market, we are looking forward to discuss some of the key issues that we began to discuss since the meeting of the Group of 20 in June this year, including energy efficiency, energy policy, technology issues and climate. This dialogue has been existed for 25 years, and is based on trust and understanding between our two countries," he added as quoted by Saudi Press Agency, SPA.

The Saudi minister expressed belief that the relations between the two countries were expected to grow deeper and stronger, especially in the context of the Kingdom s' Vision 2030. He also thanked Secretary Moniz for his personal role in supporting the bilateral cooperation between the two countries.


WAM/tfaham