Al-Naimi speaks on future economics of energy Industry

DHAHRAN, May 30, SPA -- “The step we take today will have a direct
impact on the future of the energy industry in our country,”
according to Ali Al-Naimi, Minister of Petroleum and Mineral
Resources.

In an address at the new Saudi Association for Energy Economics
(SAEE), held recently at the Plaza Conference Center in Dhahran,
Al-Naimi said “There are many opportunities and challenges facing the
energy industry.”

“SAEE is in a prime position to contribute toward these
opportunities. It can join in forming studies and research into
important issues such as the development of energy diversification in
the Kingdom.

“Also, the association can collaborate with other organizations and
research centers in working out how to maximize our economic benefit
from the consumption and exportation of our petroleum products.”


The gathering was attended by several members of the Association's
executive management and Saudi Aramco and industry professionals.

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