Riyadh:Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz has signed four memoranda of understanding with representatives from Mongolia, Tanzania, Cyprus, and Mauritius to enhance collaboration in various energy sectors. The agreements were finalized during the 25th WPC Energy Congress in Saudi Arabia, which is set to continue until October 15.
According to Saudi Press Agency, the MoU with Mongolia, signed by Prince Abdulaziz and Deputy Prime Minister Togmid Dorjkhand, focuses on cooperation in oil and gas, refining, petrochemicals, electricity, renewable energy, and climate change solutions, including Circular Carbon Economy initiatives. It also addresses digital transformation, innovation, cybersecurity, and artificial intelligence in the energy sector, aiming to develop strategic partnerships and promote sustainable petrochemical materials.
The agreement with Tanzania's Minister for Energy Juma Zuberi Homera involves collaboration in refined petroleum supply, liquefied natural gas opportunities, and technical exchanges in oil and gas exploration. It also includes renewable energy, climate change mitigation technologies, and digital transformation initiatives, with a focus on the Oil Sustainability Program and energy infrastructure.
Cyprus's Minister of Energy, Commerce and Industry Michael Damianos and Prince Abdulaziz signed an MoU establishing cooperation in oil and gas, clean hydrogen, renewable energy, and climate change solutions. The agreement also covers digital transformation, cybersecurity, and support for international policy priorities related to climate change and plastic pollution, promoting sustainable petrochemical materials and energy access infrastructure.
The agreement with Mauritius's Minister of Foreign Affairs Dhananjay Ramful focuses on cooperation in oil and gas, clean hydrogen, renewable energy, and climate change solutions. It includes digital transformation and cybersecurity cooperation, as well as support for international negotiations on climate change and plastic pollution, and the development of sustainable petrochemical materials and energy access infrastructure.
