Riyadh: Saudi Arabia and Syria have taken a significant step towards enhancing their energy collaboration with the signing of a memorandum of understanding (MoU). Prince Abdulaziz bin Salman bin Abdulaziz, the Minister of Energy of Saudi Arabia, met with Mohammad Al Bashir, the Minister of Energy of the Syrian Arab Republic, to discuss potential cooperation across various energy sectors.
According to Bahrain News Agency, the discussions focused on opportunities in oil, electricity, renewable energy, and energy efficiency. Both parties explored potential investment opportunities and shared experiences in developing projects and regulatory frameworks. This initiative is part of a broader effort to support Syria's development process.
The meeting concluded with the signing of the MoU, which outlines cooperation in areas such as oil and gas, petrochemicals, electricity, electrical interconnection, and renewable energy. This agreement marks a significant step in strengthening energy ties between Saudi Arabia and Syria.