MISK Global Forum

[M005-01] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:05 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

The host is MISK, the inspiral is prince Mohammed, so we are all guests of prince Mohammed, and I did ask my friend here to give you the floor for two reason, one we in Saudi Arabia have nothing to shy from sharing, we are a proud people and a proud country with a proud youngsters, and we know that our all boys and girls, young and mature have an inquisitive minds, and we really truly must address their questions, not my questions or yours.

[M005-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:10 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

You know, I want to keep a lot of time for my colleagues here, I will give it to you, I have briefers they put me notes and they try to train me, and coach me on how to make speeches, but usually i do this at the end of the day. Because it is my story, it is my life, there is no one can encapsulate a 37-year of a life, career and a joint accomplishment. One of the things that I am proud of, is that I can never be a claimant of my achievement, and I can never call it my achievement, it is the achievement of thousands of people that worked with me, without which I would be nothing and without which I would not be standing here.

[M005-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:14 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

This is the most fundamental thing that I have learned, from then it used to be called UPM now it is called KFUPM. To those of you who are UPM’s, I am so proud to be your new head of your Board of Trustees, and I can't wait to jump in a plane and go and visit my old University attending to a two years task of how to invigorate that University, but down there they taught me a good lesson that you cannot achieve anything alone, we used to do lots of group work.

[M005-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:10 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Our grades are determined by the effectiveness of the group not the sole, and from there I learned another more important lesson, which is social skills, the University was nothing more than an incubator of social diversity, people from the east meet people from the west to the south, to the north to the Midlands, with all this beautiful diversity, cultures, diversity of linguists in a way, habits, even food and even the way they celebrate things, even the way they talk about things, and more important it was an incubator for people with all those who you call themselves spooners to those who came from the so-called institutes of the 70s.

[M005-05] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:14 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

They had nothing but a dream, they had nothing but a hope, and they had good grades to allow them to get to that University. The best enabler that we had at that time was UPM; it make sure that people of all trades, of all hopes, of all dreams, of all aspiration have an opportunity to upgrade their lot, if they were poor, they were hoping for a degree to get them to engineering, and then they can move to Aramco and SABIC, and if they are a prince, they still have dreams, because we had fathers and grandfathers that were big dreamers and created the nation for us, and we can never let them down, and that is why we have me and others of my generation working for the 37 and the 35 and 30 years in public service.

[M005-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:20 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

we were proud of our public service, we are still proud of our public service, and now we have even a new generation headed by Prince Mohammed, who are proud to serve the country, will continue to be proud of serving the country, and in any way, there is no country that can aspire and inspire without enablers, so one of the things that I can see here, which is workforce; education, training, resilience, and more importance self-esteem to keep you up and never be broken.

[M005-07] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:07 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Self-determination is an important input as self-motivation. people highlight and (I'm sorry for taking the time) people think that the past 37 years I had a soft-landing thing because I am a prince, that is true, but if I have not had that self-motivation in me, the notion that you do not give up and you do not give in, I would not have been not here today. I am humble enough, and I am serious enough, and I am Saudi enough to say in a Bedouin language: I have this grad (ticks) mentality as the little grad stick in the back of a camel, and does not let and go until it gets away with what it wants, so welcome to the many grads (ticks) down there too.

[M005-08] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:18 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I have just a comment about age, I am proud to serve for 37 years it takes no calculator to figure out what is my age, to be politically correct with my wife I have to continuously tell her I am the oldest man in the room, and she is the youngest lady in the whole place. She is here watching me, so I have to be politically correct

[M005-09] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:55 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Big difference between 78s and 2019; we have thousands and thousands of Saudi engineers mainly male and now ladies are also competing with them, I have to confess that I am after all of the 37 years being educated by them now, they teach me technologies; my son Salman here is the one who fix my iPhone and tell me what to do with it, and he keeps looking at me with a mesmerizing look. My other son Khalid teach me how to take pictures and my daughter Sultana , she is here and thinks that one day it is time that I should pack, and she takes over my place.

[M005-10] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:08:59 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I recruit young engineers, young economists, young lawyers and I honestly learn from them. They are the ones who are harnessing the new technologies and I just there to enable them to reach out to their own goals, and their own dreams. The notion here so-called workforce and workplace and workflow, I will give it to you in two minutes, workforce is that you have to train your young people, proper training, proper education, proper ethical commitments, being honest, being fair, team player, as i said earlier, well-trained and having that inquisitive mind, the continuous quest of learning, and I don't like people to see them learning and one this narrow-minded approach, but learning is an endeavor, it has to be open to everything and anything from reading history to reading about engineering, to reading about economics.

[M005-11] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:10:23 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I look at the energy, and our two friends here maybe concur with me, oil just oil not energy, requires something like 8 thousand different disciplines, from civil engineering to mechanical engineering, to petroleum engineering to law to even medical. The idea that you cannot understand oil without knowing everything even sociology, even history, even law, even economics and even management. Engineering that you can talk to and you can understand them, and they can understand you, it is just totally absurd.

[M005-12] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:11:11 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

The idea that you could be a narrow-minded and one disciplined person is gone, and gone forever, because it would not lead you to anything but being lonely in a little box that you have created in your mind, and nobody created for you, being multi-discipline, being an inquisitive person, adapting to new changes looking forward for different things, learning more things is just there. I got it built on me, because I knew in my work that I would not be there without being equipped to have that multidisciplinary thing, otherwise I would not have been able to understand lawyers, economists or what have you.

[M005-13] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:12:00 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

The workplace that you cannot recruit young people, and you assume this so-called pharaonic principle «ما أريكم إلاّ ما أرى ولا أهديكم إلاّ سبيل الرشاد», it has to come bottom-up, the energy within the youngster has to be let and to be allowed to gathered like an oilfield like an oil well, without creating that atmosphere of enabling them to think, and by the way I do not know who created that think outside the box, I do not see the point of having a box when thinking, because it is either you think without a box, or you box yourself without thinking.

[M005-14] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:12:58 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

You cannot have a workforce that is not permitted to think, and not only to think but have the means to transform the thinking into ideas, and without having the platform to allow them to share it with peers and creating that atmosphere of collaborative cohesive group effort, where the principle of ownership is respected. A youngster would like to believe that he owns what he has created (i.e. his idea), a group of youngsters would like to have that sense of ownership, if you give them that, they will work, and work hard, and labor hard because they see that their ideas is being challenged and when they succeed with it, they are rewarded because they will get the recognition.

[M005-15] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:13:57 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

We have preceded that part, and we have gone through it and went through it, our job is to enable them to do all of that. Workplace it has to be that, it is not about luxury offices, it is not about beautiful entrances, it is not about the seat and what you have, it is the incubator that allow human being to work and to genuinely put their ideas together.

[M005-16] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:14:27 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Workflow is that you cannot deceive yourself and say the world is not connected, where the world is connected, and everybody is connected, and you cannot hide anything and you could work at home. In an occasion a year ago, I spent a few months outside the country, me and my wife, if you ask the people I work with, they will tell you I was making them labor harder when I was out, because I was alone and in complete isolation, I was reading more and I was getting them to work. I can vouch that everybody in today's technology can work from home, and nothing will be disrupted, and nothing would really disturb.

[M005-17] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:15:17 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

But with workflow (and I'm sorry to take much of your time) people need to be disciplined to have time to work and time for joy, at the end of the day human are human they need to have the happy hour, the happy hour comes in different ways, the happy hour in exercising, and happy hour more important in being with your family, being with your family is much more precious, much more important than anything in the world. Remember as a parent, as a father or a mother that your first and foremost priority is to make sure that you attend to your own children, without which he would not have a country, without which he will not have a society, without which you will never be rewarded for the good work you do.

[M005-18] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:16:28 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I go home proud because I am trying to create an example for my own wife and for my children, I go home for my wife and children to ensure that they see me exhausted and tired, because I know that if I do it, they will do it and if I don't do it, I'm not creating that example for them, and if I cannot get an example for my own family how on earth I could create an example for the people that work with me, and how I could penalize them for not being with their families. Therefore, workflow means also that you need to give people time to live their life, otherwise they would not come in the morning had enough sleep and enough time with their families and are excited to come to the workforce.

[M005-19] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:17:30 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Since everybody is promoting job, I am goanna throw few ideas, we are recruiting everything, we have renewable programs, both solar and wind, and it will also get us into manufacturing, so we will be exporting even electricity and exporting panels and everything to the magnitude of two to three hundred Megawatt (MW). We are moving with our nuclear program, and we will be doing the whole thing, including a huge local content program on both renewable and nuclear.

[M005-20] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:18:22 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

My dearest and nearest program is efficiency, we have been successful with seek, we will continue working in improving our efficiency at all levels, we are working with collaboration with all the industries in Saudi Arabia and abroad to improve that work, we are recruiting there and we have a new program that I was told by the young cadets that work with me not to ever mention it, but i'll give the hint of it. We are working on a novel program, which is how to create or generate demand for oil, knowing that we will be challenged by electrical car and so on, and I have my son Salman having a hard time to accepting not being environmentally enough. So, we are working on this to avoid the conventional market and create new ways of using oil and gas, different from the conventional market, i'm not going to talk about it i will let it come out, and you will be very impressed.

[M005-21] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:19:36 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

However, we are targeting no less than 9 million barrels of growth of demand, half of it we will keep it ourselves; certainly, I will not share it with (MUBADALA or Masdar). We are, as they have made a declaration two weeks ago, working on this circular carbon economy, we do see carbon has a value, and we are becoming to (Qassimi) about it so we are not goanna let it go, all the way. We going to suck oil until the last molecule of carbon, and we will make sure in that endeavor we are also part of the solution and attending to the environmental issue.

[M005-22] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:20:31 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

We are becoming a more consumer-oriented country, the world requires energy in the most efficient way and with a climate friendly notion, if we do not pick that up as a good signal and move for it and be the pioneers of it, while we are the biggest holder of hydrocarbon reserves, I don't know what we will be doing, but that program will be the incubator of thousands and thousands of Saudis and Non-Saudis too, because they are also partners, let us not forget, that Saudis jobs are important, but high qualities Non-Saudi’s job is important even essential. We really have to be honest with ourselves, Non-Saudis had helped this country, I was educated by Non-Saudi, I was worked with Non-Saudi, I have a great deal of gratitude for so many Non-Saudis, and they were part of our dream and we should recognize that, and we should be thankful for that, and we should never let our so-called nationalism be defeatist but a cause of being proud and being self-assured that we can say thank you to those who helped us.

[M005-23] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:22:13 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Since I finished my intermediary school, which is KAFAA I made a determination that time, that I will be a UPM and I will work in the Energy industry.

[M005-25] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:22:32 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I was 14 and I can still remember where I was sitting with a friend who joined the UPM and he was talking to me about it, and in that evening, I made that determination. Unfortunately, there is no pause and rewind in life, as you know, however, if I was to pause and rewind, I will choose the same career. Maybe I would have been a cook, you could ask my children and my wife, and they said if you were a chef, it would have probably given us a better time and quality time, proud to be cook for my wife and children.

[M005-26] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:23:25 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Sustainable development is something that is already been defined, but mainly when it comes to energy, nothing more than using your natural resources in a sustainable way which is prolonging the use of that in the most environmentally sound way, with the idea that you also make revenues of it to ensure that you use these revenues to improve your well-being, and the society in terms of infrastructure and development programs in things that make you gradually phased out to a different more diverse economy, and what have you.

[M005-27] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:24:16 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

Ask yourselves, with the exception of Saudi Arabia, and I am talking about OPEC countries and Non-OECD country, the UAE and the Kuwait; what are the countries that have done remarkable job in attending to that definition? none unfortunately, there are countries that had oil, gas, water, farming and all sorts of things. Ask yourself what they did with it, they went from worse to worse, so we should be proud of ourselves and the generations that preceded this, that they pushed this all the way to here, to a country, at least in Saudi Arabia, where it is enabled, it is resourceful with educated trained people, still have a great deal of hope, still have a great deal of infrastructure, aspiring to reach out to their dream and well endowed with resources, all of these things can lead you to say I have a future, I just need to roll up my sleeves, and I really need to put the hours, the time, the effort and the thinking to get you there.

[M005-28] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:25:53 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

As to the other question about female participation. As you know female now are enabled, we have education programs and we have training programs all over the country. I have to say something that has not been shared with so many unfortunately, and we should be proud of, i.e. equal pay, this country has a good equal pay. I was with friends in the summer before, and there was a headline in the Financial Times of a serious issue being discussed in the British Parliament, House of Commons, about equal pay in Britain, and there were three or four ladies standing, while I was with my wife visiting friends, and I asked them, do you know that in Saudi Arabia we have equal pay? and I could see their eyes mesmerizing and turning left and right, and with the image of Saudi Arabia and how women are treated in Saudi Arabia they could not believe me, and I said check our payroll, so we have an equal pay within Saudi Arabia, it is not there in the UK.

[M005-29] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:27:12 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I think what Prince Mohammed did and what the vision is doing is to call a spade a spade, to allow people to work and to have an equal opportunity and I do not see anything wrong with that, this city in these few days became a city of joy, people are festive, people are enjoying outing, families are going out with their children, there was no Abracadabra and there was no accident, I mean the ceiling did not drop the floor did not open, and hell and heaven we haven't seen them yet, and we will just a proud people, end of story.

[M005-30] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:28:20 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

I am an embodiment of mistakes, what curves you, what keep you and what make you is mistakes you learn more from your mistakes, you never learn from your successes you become bigheaded person if you continue to be successful. Mistakes makes you ouch, mistakes make you twist and turn in your bed and mistakes makes you swear that you will never repeat this and that, and in the final analysis it coins you. so if you are shy and unwilling to make mistakes as Khaldun was saying; stay home and watch the world go pass you and you were there alone.

[M005-32] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:29:24 · MISK Global Forum · 2019-11-12 · مشاهدة عند هذا التوقيت

One word if you do not mind, I cannot move from here without saying that I have been moved with this wonderful audience, I have to tell the youngsters there, because this is a rare occasion that I could get together with a young crowd as this, and I directed everybody but special Saudi young men and women, that the vision is there 2030 that is the vision, the mission is yours and you have got a torch called knowledge education and training. I honestly cannot wait for the day that would come, a proud day for me, even if I have to see it from Afar, that you reach out tall and proud, gazing to Prince Mohammed saying mission accomplished.