East-West Pipeline holds strategic value beyond current challenges, says energy minister
Saudi energy minister says national energy flexibility boosts global supply reliability as Aramco achieves 70% local content target.
Saudi energy minister Abdulaziz bin Salman emphasized the strategic importance of the East-West Pipeline, beyond the current global challenges. Speaking at the World Petroleum Congress in Riyadh, he highlighted how national energy flexibility enhances the reliability of global energy supplies. The minister stressed that Saudi Arabia remains committed to bolstering energy security for all.
Aramco's achievement of a 70 percent local content target through the iktva program further reinforces the sector's contribution to the national economy, the minister added. This progress underscores Saudi Arabia's dedication to investing in reliable energy sources for the future.
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