Speech by the Minister of Energy - Ithraa

[M162-01] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:06 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

بسم الله الرحمن الرحيم

[M162-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:07 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

Mr. secretary, his beloved wife, I always use the beloved because I really try to reinforce that every husband should call his wife my beloved

[M162-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:29 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

it must be, Faisel, it must be a part of your Aramco KPIs

[M162-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:39 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

I've been predicting for a while that my spontaneity will one day disappoint me and get me stuck before an incredible audience that I asked, actually -I mean- and gratefully he delivered this spectacular audience and I meant to showcase our friends so many things

[M162-05] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:05 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

but my problem is that this is going to be the third speech I make today, fourth since we started, the visit started, so I'm trying to scratch my head and trying to find something new just to entice his ear and the audience and I felt strongly that what I asked Amin and our friends here in Aramco to deliver is exactly the few words that the last part of his main speech which is this event is about connectivity it's all about people

[M162-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:50 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

Yes, the concession was signed 92 years or some ago and yes we did start producing I think 83, 38 but the better part it's not the mechanical element, the better part that the US came not as a conqueror but the US came with its corporate culture

[M162-07] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:30 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

so what Aramco installed is a corporate culture not only in this region but everywhere in Saudi Arabia and because of that, that relationship continued and prospered and will continue to flourish and prosper for one simple reason

[M162-08] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:58 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

Amin, I asked you if we can have any second or third generation of Aramcoans here and I believe some of them are scattered somewhere so can I ask them those who are second or first generation that are been invited to stand up if they if they are here with us today, there you go

[M162-09] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:33 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

Another question, for now it goes to everybody, being Aramcoan or not Aramcoan, how many of you Saudis present here had some education in the US, some training in the US or a working experience in the US, please come to my rescue and be honest and stand up

[M162-10] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:19 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

thank you

[M162-11] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:24 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

that's what I call supportive in time of need, then I would like to ask you, Secretary, why people would not think of us as just part and parcel of your fabric, of your own society and why people would not think that you are part and parcel of our fabric, of our own society

[M162-12] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:52 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

we had the same education, same training, we acquest to your soft power we read novels we watch movies we're connected with everything American

[M162-13] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:12 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

and we bond with Americans, we find ourself there as each and every one of us, I'm sure they have quite a few buddies and friends and we click together we understand each other and we believe that with all the passion we have that no matter what goes on there is always the basic elements that the synergy of the past is still existing as the synergy of the future and because of that we really all believe that all what you need is people like you who appreciate what it means to have an energy system that is sustainable and would endure not only today but actually attend to the future requirements

[M162-14] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:28 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

and because of that we see eye to eye I have to give it to his excellency that yesterday and today were one of the most invigorating days of any cooperation talks that we had with any country in planet earth, we see eye to eye in so many things on what would give us a direction in the future to come, we have at least 26 working streams of things that we will do together, we're of course at the Ministry of Energy being the incubator of the most brilliant young talented female and male, they made me proud today and they went through all of these initiatives, KPIs, timeline, way forward and we even agreed that hopefully by end of September October we will meet just to make sure that we add an oomph to the idea that we're going to deliver on all of these things and more to come

[M162-15] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:43 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

and I was also honoured today to host his excellency in KAPSARC just to see what yesterday with KAPSARC just to see what we can we all benefit from KAPSARC I just came from KFUPM and by the way three quarters of the room has some experience with KFUPM some way, one way or another and again we were hoping to see what we could, how can we benefit from KFUPM

[M162-16] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:08:18 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

Tomorrow we're going to see what Aramco does and how much Aramco is truly a peerless company when it comes to what it knows the best and how much it can be somewhere in a league that is not comparable to others

[M162-17] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:08:43 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

and we will take our friend to Shaybah, our mixture of how you use technology and yet maintain the inhabitants as it is undamaged uncorrupted by any, what you see in TVs and what people screen as being the whim of exploiting fossil fuels and hydrocarbon

[M162-18] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:09:19 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

and the day after we will be going to KAUST because his Royal Highness Crown Prince Muhammad Prime Minister just recently had instruct me to be the chairman of KAUST in his behalf so I'm going to go there with our friend (…) and I haven't even not been on boarded yet but I wanted to make sure that he and I go and see KAUST and what KAUST also can deliver us.

[M162-19] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:09:59 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

and how we can put all of these things together which would I would call it the Saudi ecosystem and the US ecosystem to deliver us these challenging things that we want to achieve

[M162-20] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:10:15 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

we also have in this room or this pleasant space what we call them you know I was spending some time with one company I'm not going to mention the name and I told them I'm not going to call you, you’re partners

[M162-21] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:10:33 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

because really we feel that they are part of us, so amongst the many American companies present here today we don't call them partners we call them they're part of us, have been part of us will continue to be part of us, and we will thrive and prosper together

[M162-22] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:10:54 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

So, in closing let's not think, but one thing that there is no country in planet earth that we as Saudis bond with more than United States of America, period.

[M162-23] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:11:14 · Speech by the Minister of Energy - Ithraa · 2025-04-13 · مشاهدة عند هذا التوقيت

Thank you