Saudi Arabia's Energy Minister Emphasizes Commitment to Clean Energy Leadership in Brazil
Key Ideas
- Saudi Energy Minister highlights the importance of balancing economic growth, energy security, and climate change mitigation in energy transitions.
- Saudi Arabia leads in Carbon Capture, Utilization, and Storage technologies, aiming to become a global leader in clean energy production and export.
- Plans include a hydrogen production hub in Ras Al Khair Industrial City and a large-scale carbon capture and storage project by 2027.
- Discussions at the meetings focus on sustainable energy policies, equitable energy transitions, and international collaboration to drive environmental sustainability.
Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman, participated in various energy meetings in Foz do Iguaçu, Brazil, emphasizing the importance of balancing economic growth, energy security, and climate change mitigation. He highlighted Saudi Arabia's leadership in Carbon Capture, Utilization, and Storage technologies and the Kingdom's commitment to clean energy production. The minister discussed plans for a hydrogen production hub and a large-scale carbon capture project. The forums focused on sustainable energy policies, equitable energy transitions, and collaboration to enhance environmental sustainability in line with G20 efforts.