Crown Prince and Deputy Prime Minister of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, joined the Gulf Cooperation Council (GCC) in Jeddah, Saudi Arabia.
Salman okOnseyde, member nations (Saudi Arabia, Qatar, Bahrain, Kuwait, Oman and United Arab Emirates) and US President Joe Biden spoke on the Jeddah Safety and Improvement Summit, which was held with the participation of the leaders of Egypt, Iraq and Jordan.
“Unrealistic energy policies will additional enhance inflation”
In his speech, Crown Prince Mohammed bin Salman of Saudi Arabia acknowledged that extra investments needs to be made in fossil fuels and clear energy applied sciences to fulfill international demand, and mentioned that unrealistic energy policies would result in larger inflation, elevated unemployment and severe safety issues.
“Kingdom has no extra capability to extend manufacturing”
Based on the information of İHA, Prince Mohammed bin Salman additionally acknowledged in his speech that Saudi Arabia has elevated its present energy manufacturing capability from 12 million to 13 million barrels per day by 2027. “Sooner or later the Kingdom doesn’t have extra capability to extend manufacturing” reported.
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https://m.ensonhaber.com/dunya/prens-selman-gercekci-olmayan-enerji-politikalari-yuksek-enflasyon-getirecek