Prince Abdulaziz and S. Korean Minister sign energy MOU
Saudi Energy Minister Prince Abdulaziz bin Salman has signed a Memorandum of Understanding with South Korean Trade Minister Kim Jong-hwan to strengthen cooperation in the oil and gas sector between the Kingdom of Saudi Arabia and Korea. The memorandum includes collaboration in refining, petrochemicals, investment, increasing Saudi crude oil storage in Korea's reserves, as well as infrastructure projects, innovation, and digital transformation to ensure supply stability and promote sustainability in the energy sector.
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