His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, met with a delegation from the French Senate, headed by Senator Jean-Marie Bockel, Chairman of the French-Gulf Friendship Committee. The meeting discussed ways to strengthen the distinguished historical relationship between the Kingdom and France, and opportunities for investments in the fields of energy, industry, climate and technology.
The two sides discussed opportunities for future projects in the field of energy, the peaceful civil nuclear program, which the Kingdom intends to implement, and the relations that bind the Kingdom with several French entities, including those in the French private sector such as Total.
The two sides discussed the necessary measures to address the increasing pressures on the environment in general, including the Kingdom's endeavors to reduce associated CO2 emissions and its recycling, and the Kingdom's concept of a circular, low-carbon economy, which is a framework that aims to address carbon emissions, and all types of gases that cause the global warming. These initiatives embody the efforts made by the Kingdom to implement the national contributions it has committed to within the framework of the Paris Agreement, and reflect the importance of achieving balance and comprehensiveness in the proposed solutions, including reducing greenhouse gas emissions, and adapting to the negative impacts of climate change.
The French side was informed of what the Kingdom is doing to support and encourage innovation and invention in the field of energy to reach high-efficiency systems, without prejudice or discrimination against any of its sources.
On the threat to the security of energy supplies, especially the blatant attacks on some Saudi Aramco facilities recently, the French side expressed its admiration for the ability of the Kingdom of Saudi Arabia to face such challenges, which was evident in its ability to restore production and achieve balance in a short time, without harming global economies, both developed and developing, which was expected given that all energy markets are affected by what is happening in the Kingdom. However, the Kingdom neutralizes the impact of these attacks on the reliability of supplies, and their success in maintaining the balance of supply and demand in the global market.
