RIYADH: US Energy Secretary Chris Wright praised Saudi Arabia’s leadership for fostering robust energy cooperation between the two countries.
Wright, who visited the Kingdom on Sunday, expressed his gratitude to Crown Prince Mohammed bin Salman and Energy Minister Prince Abdulaziz bin Salman for supporting energy partnership with the US.
During a media briefing at the Energy Ministry in Riyadh, Wright discussed his conversations with Saudi officials regarding energy investment, trade and security. He praised the Kingdom’s solar energy sector and innovative energy development approach.
He discussed renewable energy sources such as green hydrogen and solar power with Saudi officials, stressing the need for long-term investments to meet rising global demand, the Saudi Press Agency reported.
Wright highlighted the importance of stable oil prices to encourage investments in vital minerals, and emphasized the need to promote mutual investment and consistent growth in energy supplies, the SPA added.
Regarding the tariffs introduced globally by the US, he said the focus was on fair trade and bringing jobs back to the country. Wright described them as strategic tariffs aimed at encouraging domestic investment.
