Business · Energy & Commodities · 1 hr ago
Saudi energy minister pledges continued investment despite global challenges
Saudi Energy Minister Prince Abdulaziz bin Salman spoke at the opening of the 25th World Petroleum Conference in Riyadh.
He said Saudi Arabia would continue investing in energy and work toward the goals of Vision 2030 despite global challenges.
He described Riyadh as a center for energy security and said threats to energy infrastructure and supply chains make preparation important.
He pointed to the East-West oil pipeline as an alternative route for supplies if sea transport faces risks.
He said energy resilience also depends on skilled workers, local industries and supply chains, as well as infrastructure.
Saudi Arabia plans to invest in reliable energy, renewable power, electricity networks, storage, gas and new technologies, while working to reduce emissions.
The minister said the country would continue developing its energy system and industrial infrastructure and strengthening international partnerships.
Saudi Energy Minister Prince Abdulaziz bin Salman said the kingdom would continue investing in energy despite global challenges.
He made the pledge while speaking at the opening of the 25th World Petroleum Conference in Riyadh.
He said Saudi Arabia would continue pursuing Vision 2030 and meeting its commitments.
He cited long-term infrastructure investment, including the East-West oil pipeline, as part of the kingdom’s approach to energy security.
He said investment would also cover renewables, electricity networks, storage, gas, new technologies and local supply chains.
- Who
- Saudi Energy Minister Prince Abdulaziz bin Salman.
- What
- He pledged continued Saudi investment in energy and said the kingdom would meet its commitments and Vision 2030 targets.
- When
- At the opening of the 25th World Petroleum Conference. The article was published on 12 October 2026.
- Where
- Riyadh, Saudi Arabia.
- Why
- He said global challenges and threats to energy infrastructure and supply chains make preparedness and long-term investment important.
This story does not have two clearly opposing sides.
The word fear does not exist in the Saudi dictionary
As Saudis, we do not fear, we are determined, and we will prove this to the whole world; we will overcome everything we face
Saudi Arabia invested in its energy infrastructure, including the East-West oil pipeline.
Prince Abdulaziz bin Salman pledged continued energy investment and said Saudi Arabia would pursue Vision 2030 targets.
- Speaker
- Prince Abdulaziz bin Salman
- Event
- 25th World Petroleum Conference
- Location
- Riyadh, Saudi Arabia
- Vision target
- Vision 2030
- Pipeline
- East-West oil pipeline
Sources
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