17 Hrs
Source:
الاقتصادية
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Riyadh assures stable energy supply
Saudi Arabia's emphasis on its commitment to ensuring the stability of global energy markets was the focal point of the World Petroleum Conference in Riyadh, where more than 70 ministers, 500 senior executives, and 25,000 experts from international companies participated. The Saudi approach highlighted the capacity of infrastructure, such as the East-West pipeline with a capacity of up to 5.8 million barrels per day, to handle challenges, and underscored the importance of international cooperation to address security tensions that may impact supplies. The message emphasizes that the continuity of energy supplies depends on readiness, diversifying routes, and investing in infrastructure, with a reaffirmation that the Kingdom plays a pivotal role in achieving global market stability.
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