Oil Minister participates 17th International Energy Forum Ministerial Meeting (IEF17)

Riyadh, Oct. 13 (BNA): Dr Mohammed bin Mubarak Bin Dainah, Minister of Oil and Environment and Special Envoy for Climate Affairs, participated in the 17th International Energy Forum Ministerial Meeting (IEF17), held in Riyadh, under the theme "Energy Security and Common Goals in a New Era", with senior officials from around the world in attendance.

Dr. Bin Dainah highlighted the importance of strengthening energy security and maintaining stable markets through closer international coordination and cooperation between energy-producing and consuming countries. He stressed that these efforts were essential to ensuring reliable, sustainable energy supplies, improving system efficiency and enabling the sector to respond to global changes and growing demand.

He also underlined the need for continued international dialogue on the future of the energy sector, alongside greater investment and infrastructure development to safeguard energy supplies and promote stability in global markets.

Participants discussed the main challenges facing the global energy sector and examined how investment in energy infrastructure could strengthen supply resilience and ensure markets are equipped to meet future demand.