Dr. Abdullah bin Hamad Al-Salamah, general director at Prince Saud Al-Faisal Institute of Diplomatic Studies

Updated 13 April 2019

Dr. Abdullah bin Hamad Al-Salamah, general director at Prince Saud Al-Faisal Institute of Diplomatic Studies

Dr. Abdullah bin Hamad Al-Salamah is the general director at Prince Saud Al-Faisal Institute of Diplomatic Studies.

He is also the general supervisor for financial and administrative affairs at the Royal Commission for Jubail and Yanbu, specializing in the comprehensive management of the major industrial cities, and general supervisor of colleges and institutes at the Royal Commission for Jubail and Yanbu.

He got his bachelor’s degree in business administration from King Saud University in Riyadh in 1985, and his master’s degree in economics from Western Illinois University in 1990. He received a doctorate in economics from Durham University in 1994.

The diplomatic studies institute, in cooperation with the Emirates Diplomatic Academy, recently held a workshop on modern trends in diplomatic training.

The Riyadh-based event was organized as part of the responsibilities of foreign affairs ministries in the Kingdom and the UAE to improve and advance diplomatic practices.

It was aimed at providing diplomats with the required knowledge and refining their skills for their field.

It was attended by Al-Salamah as well as the undersecretary for political and economic affairs at the Foreign Affairs Ministry, Ambassador Dr. Adel Merdad.

The workshop was also attended by Egyptian, Jordanian and South Korean officials.

Saudi Energy Minister calls for collective effort to secure shipping lanes

Updated 32 min 31 sec ago

Saudi Energy Minister calls for collective effort to secure shipping lanes

  • Khalid Al-Falih: Saudi Arabia will do best to ensure the safety of shipping lanes
  • He expects OPEC members and other oil producers to meet soon to discuss an extension to oil supply cuts

TOKYO: Saudi Arabian Energy Minister Khalid Al-Falih said Monday that countries need to cooperate on keeping shipping lanes open for oil and other energy supplies after last week’s tanker attacks in the Middle East to ensure stable supplies.

While he did not outline any concrete steps after the attacks that damaged two tankers on June 13, Falih said the Kingdom would do everything necessary to ensure safe passage of energy from Saudi Arabia and its allies in the region.

“We’ll protect our own infrastructure, our own territories and we are doing that despite the attempts to target some of our facilities,” Falih told reporters in Tokyo.

“But sea lanes of global trade need to be protected collectively by other powers as well. We believe that’s happening, but we need to make sure the rest of the world pays attention,” he said after a Japan-Saudi investment conference.

His comments came as Iran, which has been blamed by the US and Saudi Arabia for the attacks on two oil tankers in the Gulf of Oman, continued to escalate its rhetoric. Ali Shamkhani, the secretary of Iran's Supreme National Security Council, claimed Iran was responsible for security in the Gulf and the Strait of Hormuz, and called on US forces to leave the region, as tensions rose following last week's attacks on oil tankers

The attacks have shaken the oil market and rattled consumer countries that rely heavily on importing oil from the Arabian Gulf, much of which has to be transported through the Straits of Hormuz - the narrow shipping lane, which Iran has repeatedly threatened to disrupt.

Falih expects the Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia to meet the week after the G20 summit to be held in Osaka on June 28-29, to discuss an extension of a supply output cut agreement.

OPEC and other producers, an alliance known as OPEC+, have a deal to cut output by 1.2 million barrels per day (bpd) from Jan. 1. The pact ends this month and the group meets in coming weeks to decide their next move.

Falih said that OPEC was moving was toward a consensus on extending the agreement.

He said earlier this month that OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June, although more talks were still needed with non-OPEC countries.

When asked if Russia is going to agree to continue the cuts, Falih said “absolutely.”

“We are maintaining the proper levels of supply that we have been having to bring inventory levels to where they belong. I hope that will continue in the second half with the assurances I have received from all the OPEC+ countries,” he said.

There was full commitment to put in place “a long term framework between the OPEC+ coalition to ensure that we work together” from next year, he said.

Oil demand growth has held up despite trade disputes roiling global markets, Falih said, adding he expects worldwide demand to be above 100 million barrels per day this year.

“We are not seeing a slowdown from either China, the US, India or other developed economies,” Falih said.

“The impact has been more on the sentiment side and fear, rather than actual impact,” he said.