2006 News Story

Prince Mohammad bin Fahd Opens Energy Forum

Prince Mohammad bin Fahd bin Abdulaziz, governor of Saudi Arabia’s Eastern Province, inaugurated a forum on energy in Dammam Sunday. The forum was organized by the Ministry of Petroleum and Mineral Resources in cooperation with the province’s Chamber of Commerce and Industry.

The prince highlighted Saudi Arabia’s role in the global economy, most notably in the petroleum and gas fields. He pointed out that the participation of experts and officials in the forum was evidence of the Kingdom’s economic weight. He said the forum hopes to enhance cooperation between the government and national industries. He noted that several countries and companies have invested in the Kingdom’s energy sector, either through the Ministry of Petroleum and Mineral Resources, Saudi Aramco, or other governmental authorities and private companies.

Prince Mohammad said there would be a meeting this weekend with officials of the relevant government authorities to explore how to lift obstacles that may impede business.

Several princes and senior officials attended the function, as well as Arab ambassadors to the Kingdom and presidents of Saudi and foreign companies.

Prince Faisal bin Turki bin Abdulaziz, and advisor to the Ministry of Petroleum and Mineral Resources, said 41 working papers will be presented at the forum, on such topics as systems and plans to explore gas throughout the Kingdom, refinery industries, petrochemicals, fertilizers, and basic mining industries.