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Media Statement by Ministry of Investment in Saudi Arabia

Riyadh, There is no truth to suggestions in the media that Saudi Arabia’s Minister of Investment, Mr Khalid Al-Falih, is having any discussions (formal or informal) with Russia’s Energy Minister, Mr Alexander Novak to resolve differences in position reg oil production policies which surfaced during the OPEC+ meetings in Vienna.

While Minister Al Falih fully supports the efforts being led by His Royal Highness Prince Abdulaziz bin Salman, Saudi Arabia's Minister of Energy, he is not playing any role in these discussions nor is he planning on travelling to Moscow as has also been suggested by some media outlets.

Minister Al Falih emphasized that his mandate remains focused on elevating Saudi Arabia’s position as an attractive global investment destination, and urged the media to avoid publication of any claims that have not been properly corroborated from the appropriate and reliable source.

Additionally, Mr Alexander Novak, Russia’s Minister of Energy, has also confirmed that these claims are false.

Source: Saudi Press Agency

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