term energy mix, emphasizing that petroleum will remain the bedrock of the world's energy supplies for the foreseeable future, just as it has for the past century. Jum'ah said Saudi Aramco put a high value on its partnerships in the United States, Europe and Asia, and would continue to expand its business with Asian countries. "We also look forward to strengthening our relationships with the Chinese and Indian petroleum sectors, and to helping them meet the rapidly expanding energy needs of their home markets," he said. Jum'ah indicated that Saudi Aramco is doing its part to ensure that oil supplies will be available when they are needed. Jum'ah expected that international oil trade would increase substantially over the coming decades, contributing to an increasingly inter-connected global marketplace, and he called for pragmatic and more balanced energy policies that do not discriminate against oil in favor of competing sources of energy.
