Saudi Minister of Energy Prince Abdulaziz bin Salman Al Saud and the Dutch Minister of Economic Affairs and Climate Policy, Micky Adriaansens, have cosigned a memorandum of understanding (MoU) in the field of energy.
The MoU aims to establish a framework for cooperation between the two countries and strengthen it in several energy sectors, including renewable energy, energy efficiency, electricity, and other sectors and issues related to energy security and transitions, such as clean hydrogen. It also facilitates the formation and activation of international supply chains linking the two countries and cooperation on technologies and solutions related to climate change mitigation, such as the circular carbon economy and its technologies.
The MoU was signed on Thursday within the framework of the visit paid by the Saudi Minister of Energy to the Netherlands to attend the World Hydrogen 2023 Summit & Exhibition, which was held in Rotterdam from May 10 to 11.
Within the framework of many issues related to the global hydrogen industry and supplies, which were discussed in the summit, the prince participated in a session entitled, "The Global Aspirations of the Kingdom of Saudi Arabia in the Field of clean hydrogen."
He reviewed the global directions and aspirations of the Kingdom in this field and projects that are being implemented in Saudi Arabia.
