Saudi Arabia, Syria sign MoU on energy cooperation
RIYADH, 3 days ago
Saudi Arabia and Syria signed a memorandum of understanding (MoU) to enhance energy cooperation between the two countries.
Areas of cooperation include oil and gas, petrochemicals, electricity, electrical interconnection, and renewable energy.
The MoU was signed during a meeting in Riyadh between Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz and Mohammad Al-Bashir, Minister of Energy of Syria.
During the meeting, both sides explored opportunities for cooperation across various energy sectors and discussed ways to enhance them, including oil supplies, electricity, renewable energy, and energy efficiency.
They also reviewed investment opportunities and the exchange of experiences in developing projects, policies, and regulatory frameworks in the Kingdom’s energy sector, as part of broader efforts to support the development journey of the Syrian Arab Republic. -OGN / TradeArabia News Service
