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Minister of Energy: Saudi petroleum policy emphasizes Saudi petroleum supplies to countries around the world are not to be impacted by political considerations
In a statement issued today, Saudi Minister of Energy, Industry and Mineral Resources, Khalid Al-Falih, reaffirmed that the petroleum policy of the Kingdom of Saudi Arabia emphasizes that the Kingdom's petroleum supplies to countries around the world are not to be impacted by political considerations. He reiterated that this is a firm and longstanding policy that is not influenced by political circumstances. He also clarified that the current diplomatic crisis between Saudi Arabia and Canada will not, in any way, impact Saudi Aramco's relations with its customers in Canada. Minister Al-Falih stressed that the Kingdom continues to invest in its production capacity, which is considered a key factor in protecting from market volatility that is damaging to the interests of producers and consumers alike and the global economy at large.