HRH Energy Minister at world energy week - Kazakhstan

[M062-01] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:00 · HRH Energy Minister at world energy week - Kazakhstan · 2021-10-06 · مشاهدة عند هذا التوقيت

Excellencies, ladies and gentlemen, I am grateful for the invitation to participate in this global plenary session of the Word Energy Week, and pleased to be involved in this important dialogue. I thank His Excellency, Kassym-Jomart Kemeluly Tokayev, the President of the Republic of Kazakhstan for his kind remark to opening this important occasion, allow me to take this opportunity to congratulate the government and people of Kazakhstan on the 30th anniversary of their independence marked this year.

[M062-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:32 · HRH Energy Minister at world energy week - Kazakhstan · 2021-10-06 · مشاهدة عند هذا التوقيت

The Kingdom of Saudi Arabia and the Republic of Kazakhstan have long enjoyed mutually beneficial relationship, and the energy sector has been a significant area of growth in our trading and economic activities. I would also like to thank Kazakhstan, and especially its Energy Minister, His Excellency, Magzum Mirzagaliyev, for his participation and support in the efforts of OPEC Plus which have helped bringing stability back to the global oil markets.

[M062-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:05 · HRH Energy Minister at world energy week - Kazakhstan · 2021-10-06 · مشاهدة عند هذا التوقيت

The theme of this gathering is the energy for better lives which is an appropriate title we all want to use the energy in a beneficial, sustainable, and efficient way to advance economic progress, and the well-being of our people, and of the people of the world. Saudi Arabia is the global leader in the energy sector, recognizes that the energy and economic development go hand in hand. Our great natural resources have been the source of approving the living standards and economic progress for all of our citizens.

[M062-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:43 · HRH Energy Minister at world energy week - Kazakhstan · 2021-10-06 · مشاهدة عند هذا التوقيت

Our energy exports have also helped to fuel economic development around the world, and we have shown a responsible stewardship in preserving the precious resources for the generations of the consumers, but with this energy leadership comes responsibility as the world is increasingly aware of the greenhouse gas emissions contribute to the climate change which has left unchecked and threatened impact on our planet. This is the reason why Saudi Arabia and Kazakhstan joined the international community in signing the Paris Agreement on the climate change.

[M062-05] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:23 · HRH Energy Minister at world energy week - Kazakhstan · 2021-10-06 · مشاهدة عند هذا التوقيت

The Kingdom has become the worldly leader in developing the framework to combat the climate change. We also believe that the framework of the circular carbon economy is the best way to face the challenge, allowing the individual countries to tread their own path towards solving the problem. The CCE with its emphasis on the 4R: reduce, recycle, reuse, remove, is an integrated and holistic framework to mitigate the effect of the greenhouse gases at the atmosphere and has received the international recognition, including an endorsement by the G20 group of leaders, and the Kingdom has also Invested heavily in the renewable energy sources like the wind and the solar power, and has committed to satisfy half of its domestic requirement from the renewable sources by 2030.

[M062-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:24 · HRH Energy Minister at world energy week - Kazakhstan · 2021-10-06 · مشاهدة عند هذا التوقيت

Significantly, we have also led the way in developing, producing, and distributing hydrogen as a cleaner fuel resource. We see green hydrogen, blue ammonia as essential ingredients of the future energy mix. Excellences ladies, gentlemen, I know that the government and people of Kazakhstan share our concerns in these crucial challenges, the collaboration and dialogue at the World Energy Week would facilitate effort to tackle these vital issues. I wish you a successful and productive meeting, and thank you