Monday 1 October 2018

Saudi Arabia calls for more Arab cooperation in oil industry

Saudi Arabia calls for more Arab cooperation in oil industry:

Arab oil producing countries should cooperate to continue playing a positive role in the stability of the oil market and industry, Saudi Arabia’s energy minister said on Monday.

In a speech delivered on his behalf at the Arab Energy Conference in Morocco, Khalid Al-Falih said country’s across the region could work together to support the continuation of oil as a source of energy and make it “more efficient and widely beneficial.”

He said Arab countries would benefit from cooperating on research and technology to develop the sector, Saudi Press Agency reported.

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