Saudi, US officials discuss ways of enhancing energy investments and cooperation

Saudi Energy Minister Khalid Al-Falih holds talks with US Secretary of Energy Rick Perry with participation of Saudi Ambassador to the US Princess Reema bint Bandar bin Sultan in Washington. (SPA)
Updated 12 August 2019

Saudi, US officials discuss ways of enhancing energy investments and cooperation

WASHINGTON: The security of global energy supplies in the wake of recent threats to Arabian Gulf shipping were discussed at a top-level meeting between US and Saudi energy officials, the Saudi Press Agency reported.

During talks in Washington, Saudi Energy Minister Khalid Al-Falih and US Secretary of Energy Rick Perry, with participation from Saudi Ambassador to the US Princess Reema bint Bandar bin Sultan, reviewed the current state of the oil market.

The two sides discussed the ongoing threat to maritime freedom in the Arabian Gulf and stressed their determination to work together to ensure the security and stability of international energy supplies.

Al-Falih said OPEC members and non-OPEC producers were committed to the coordination of production and would strive to achieve balance in the oil markets.

The meeting also looked at ways of enhancing relations between the two countries and investments in the fields of energy, industry, climate and technology.

Meanwhile, Saudi permanent representative to the UN, Abdallah Al-Mouallimi, met Princess Reema in New York. They discussed improving cooperation and communication between the permanent delegation and the Saudi Embassy in Washington, as well as issues of common interest.

Al-Mouallimi also held talks with the director of the representative office in New York to the UN Relief and Works Agency (UNRWA), Peter Mulrean. During their meeting, Mulrean thanked the Kingdom for supporting the UNRWA in fulfilling its obligations toward Palestinian refugees.

Al-Mouallimi said that the Palestinian cause remained Saudi Arabia’s top priority.


Saudi tourism megaproject aims to turn the Red Sea green

Updated 20 October 2019

Saudi tourism megaproject aims to turn the Red Sea green

  • Development will protect endangered hawksbill turtle, while coral research could help save the Great Barrier Reef

RIYADH: Key ecological targets are driving Saudi Arabia’s Red Sea tourism megaproject, its leader has told Arab News.

The development will not only protect the habitat of the endangered hawksbill turtle, but could also save coral reefs that are dying elsewhere in the world, said Red Sea Development Company Chief Executive John Pagano.

The project is taking shape in a 28,000 square kilometer region of lagoons, archipelagos, canyons and volcanic geology between the small towns of Al-Wajh and Umluj on the Kingdom’s west coast.

One island, Al-Waqqadi, looked like the perfect tourism destination, but was discovered to be a breeding ground for the hawksbill. “In the end, we said we’re not going to develop it. It shows you can balance development and conservation,” Pagano said.

Scientists are also working to explain why the area’s coral reef system — fourth-largest in the world —  is thriving when others around the world are endangered.

“To the extent we solve that mystery, the ambition would be to export that to the rest of the world,” Pagano said. “Can we help save the Great Barrier Reef or the Caribbean coral that has been severely damaged?”

 

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