US energy secretary, Saudi energy minister discuss oil market conditions

Saudi Energy Minister Khalid al-Falih during the opening ceremony of the King Salman Energy Park (SPARK) project. (SPA)

Saudi Energy Minister Khalid al-Falih discussed oil market conditions with his US counterpart Rick Perry during the latter’s visit to Dhahran, Saudi Arabia.

The meeting, which was held on the sidelines of the launch ever of the King Salman Energy Park project, was the first after OPEC and the independent producers led by Russia had agreed to cut production by 1.2 million barrels per day, contrary to US President Donald Trump's claims to continue pushing oil prices down.

Al-Falih pointed out that the discussions dealt with the Kingdom's efforts to develop technologies to reduce carbon emissions, energy efficiency and technical cooperation opportunities between the two countries.

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Last Update: Wednesday, 20 May 2020 KSA 09:58 - GMT 06:58
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