Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman has discussed cooperation in energy fields with Mr. Zhang Jianhua, Director of the National Energy Administration of China, and his accompanying delegation.
The two parties explored ways to strengthen Saudi-Chinese relations in various energy fields, in order to achieve the objectives of the Saudi Vision 2030 and China’s Belt and Road Initiative, in pursuit of both countries’ efforts to diversify their economies.
Further, the meeting discussed areas of cooperation between the two sides and stressed the importance of ensuring secure energy supplies.
According to the statement, “The two sides also discussed potential cooperation in crude-to-chemicals projects (C2C), innovative uses of hydrocarbons, and peaceful uses of nuclear energy; nuclear fuel; national projects for uranium exploration and mining; projects for electricity, renewable energy, clean hydrogen; and energy efficiency.”
The meeting further noted the Saudi-Chinese ambitions to promote cooperation in energy supply chains, thereby contributing to enhancing flexibility and effectiveness.
The meeting noted the two countries’ efforts and cooperation in combating climate challenges by adopting the Circular Carbon Economy (CCE), which is an integrated and inclusive framework to address climate challenges and manage emissions, using all available clean technologies, especially removal technologies, while taking into consideration the peculiar national circumstances of different countries.
