Saudi Arabia cooperates with other nations to ensure energy security: Official

Saudi Minister of Energy Prince Abdulaziz bin Salman

Saudi Arabia is cooperating with other countries to ensure energy security, said Saudi Minister of Energy Prince Abdulaziz bin Salman.

The GCC countries have accomplished their mission in this regard. Other nations should, however, do theirs, he added on the sidelines of the World Government Summit 2022.

energy market and protecting it from more severe turmoil, the minister indicated.

Russia is producing around 10 million barrels per day of oil, or approximately 10% of the global output, and this is considered a huge contribution, he added.

Some nations restructured their energy mix and they may reverse to using coal due to the current market developments.