Saudi energy minister and Russian counterpart agree on continued coordination

Russian Energy Minister Alexander Novak and Saudi Arabian Energy Minister Khalid Al-Falih shake hands ahead of a meeting in Moscow, Russia. (File Photo Reuters)
Updated 03 July 2018
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Saudi energy minister and Russian counterpart agree on continued coordination

RIYADH: Saudi Minister of Energy, Industry and Mineral Resources, Khalid Al-Falih, held a telephone discussion on Monday evening with the Russian Minister of Energy Alexander Novak, in which the two ministers reviewed recent developments in the international oil market.
Among the major topics of discussion was the June 23rd statement of the OPEC and non-OPEC Ministerial Meeting in Vienna to adjust the collective overall conformity from its May 2018 level of 147% to 100%, starting July 1st, which is approximately equivalent to an additional one million barrels a day.
Al-Falih, as the chairman of the Joint Ministerial Monitoring Committee (JMMC), and Novak as co-chairman discussed the need to modify the current monitoring process to reflect the agreed objective of adjusting overall conformity to 100% as per the OPEC and non-OPEC statement.
They also agreed to task the Joint Technical Committee (JTC) with developing and recommending a suitable process for the consideration of the JMMC.
The ministers also agreed to continue close bilateral coordination and consultation, and among other producing partners in the Declaration of Cooperation in the interest of producers, consumers and the global economy.


Saudi scouts in the US for world jamboree

Updated 22 July 2019
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Saudi scouts in the US for world jamboree

  • The 24th World Scout Jamboree runs from July 22 until August 2
  • 45,000 youths from more than 150 scout associations are participating

RIYADH: The Saudi Arabian Scouts Association will participate in the 24th World Scout Jamboree under the theme “Unlock a New World” at the Summit Bechtel Reserve, West Virginia, US.

The jamboree will run from July 22 until Aug. 2 with the participation of 45,000 young people representing more than 150 scout associations members of the World Organization of the Scout Movement.

Dr. Abdullah bin Suleiman Al-Fahad, vice president of the Saudi Arabian Scouts Association, said that the Kingdom’s delegation included more than 100 scouts and rover scouts between the ages of 14-17 and would include educational activities that promoted peace, intercultural understanding and life leadership skills.

He said that the jamboree slogan would also inspire scouts to become active citizens able to create a more sustainable world by identifying global issues such as climate change through activities including hiking and workshops so they could help themselves in a rapidly changing world.

The jamboree is the largest outdoor educational event organized by the Scout Movement, which serves more than 51 million youth worldwide.