Business · Energy & Commodities · 2 hrs ago
Saudi Arabia signs energy cooperation agreements with Kuwait, Qatar and Egypt
Saudi Arabia signed three energy cooperation memorandums with Kuwait, Qatar and Egypt in Riyadh on Sunday.
Saudi Energy Minister Prince Abdulaziz bin Salman signed them with the ministers responsible for energy in the three countries.
The agreement with Kuwait covers electricity, renewable energy, power links, electricity exports and smart grids.
The Qatar agreement includes oil, gas, petrochemicals, electricity and clean hydrogen, as well as possible joint pipeline projects.
The Egypt agreement focuses on trade, transport, storage and distribution of oil and natural gas.
The three deals also address investment, energy infrastructure, supply reliability and ways to reduce emissions.
They set out areas for cooperation, but do not specify project timelines or funding.
Saudi Arabia signed three energy cooperation memorandums of understanding with Kuwait, Qatar and Egypt.
Saudi Energy Minister Prince Abdulaziz bin Salman signed them in Riyadh on Sunday.
The agreements cover areas including electricity, renewable energy, oil, gas, petrochemicals and clean hydrogen.
They also aim to develop partnerships and investment, localise products and services, and support emissions-reduction solutions.
- Who
- Saudi Arabia and Kuwait, Qatar and Egypt. Saudi Energy Minister Prince Abdulaziz bin Salman signed the memorandums with the ministers responsible for energy in the three countries.
- What
- They signed three memorandums to strengthen cooperation across energy sectors.
- When
- Sunday, October 11, 2026.
- Where
- Riyadh, Saudi Arabia.
- Why
- To strengthen energy cooperation, develop partnerships and joint investments, and support energy markets and supply chains.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
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- Number of memorandums
- 3
- Countries
- Kuwait, Qatar and Egypt
- Signing city
- Riyadh
- Signing date
- October 11, 2026
- Saudi signatory
- Prince Abdulaziz bin Salman, Minister of Energy
Sources
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