The Kingdom considers cooperation with its Arab surroundings an integral part of caring for its Arab depth and international standing, which strengthens the entity of Arab unity, raises the efficiency and flexibility of coordination for joint Arab action, and renews confidence in the integration of several projects, programs and initiatives.
The Kingdom is making great efforts to enhance the stability of global oil markets and maintain their balance, and to facilitate oil supply procedures in a way that supports opportunities for the growth of the local, regional and global economy, and is keen to extend more bridges of communication and interaction with brothers and friends in order to establish the principles of reconciliation and defuse crises.
Our country aims to enhance the security of the interconnected national networks, increase their reliability and their ability to absorb the entry of renewable energy projects, create a regional commercial market for the exchange and passing of electric energy in order to achieve optimal investment and operation of national generation stations, export renewable energy, link the networks of the Arab Mashreq with their counterparts in the Maghreb, and strengthen the bonds of coordination and cooperation with Brotherly Arab countries through coordination councils and joint committees in the various fields of energy and the exchange of experiences in the fields of electricity, renewable energy, efficient energy production and consumption, digital transformation in energy uses and applications, climate change programs and plans that include the application of the circular carbon economy approach, and emissions reduction techniques This confirms the sincerity of the trend towards more optimal partnerships that will reflect positively on the countries and peoples of the region.
