‘Energy City’ to help realize Vision 2030

Energy, Industry and Mineral Resources Minister Khalid Al-Falih talks to Saudi media in Washington on Saturday. (SPA)
Updated 20 June 2016

‘Energy City’ to help realize Vision 2030

WASHINGTON: The Kingdom plans to set up an “Energy City” with state-of-the-art infrastructure as part of Saudi Vision 2030, said Khalid Al-Falih, minister of energy, industry and mineral resources.
The aim is to attract major companies in energy-related industries to the city and also raise local inputs in energy and petrochemical industries to 75 percent.
He also said Saudi Aramco will invest in renewable energy and stimulate other industries to supplement oil production.
Saudi Arabia plans to double its gas production from the recent discoveries in conventional and shale gas field, Al-Falih added.
Saudi Aramco remains committed to its vision of becoming a top-tier, globally integrated energy and chemicals company, he said in an earlier statement.
Expanding oil and gas supplies to meet the needs of domestic and international markets is at the core of Saudi Aramco’s business, he added.


First plane with aid from Saudi Arabia arrives in Lebanon

Updated 51 min 47 sec ago

First plane with aid from Saudi Arabia arrives in Lebanon

RIYADH: The first plane with aid from Saudi Arabia arrived in Lebanon on Friday for victims of Beirut’s port explosion, the King Salman Humanitarian Aid and Relief Centre (KSrelief) said.

Two planes departed from King Khalid International Airport on Friday carrying more than 120 tons of medical supplies, tents, shelter kits and food for those affected by the blast. A specialized team from the center to follow up and supervise the distribution operations were also on board the planes.

The aid aims to help victims overcome the effects of the explosion, said Abdullah Al-Rabeeah, Advisor to the Royal Court and Supervisor General of KSrelief.

Al-Rabeeah stated that the directive of King Salman embodies the established humanitarian values of the Saudi leadership, stressing that this assistance highlights the pivotal role of Saudi Arabia in providing humanitarian assistance to all people in need around the world with complete impartiality.