Riyadh:On the sidelines of the 25th WPC Energy Congress, the Ministry of Energy of Saudi Arabia signed a memorandum of understanding (MoU) with the International Energy Forum (IEF) to enhance cooperation in the energy sector. The event was attended by Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy and Minister of Industry and Mineral Resources.

According to Saudi Press Agency, the MoU between the Ministry of Energy and the IEF establishes a framework for collaboration in fields such as clean energy advancement, climate change mitigation, and the Circular Carbon Economy (CCE) approach. It also includes climate-related outreach initiatives at both regional and international levels.

Additionally, the Oil Sustainability Program (OSP) signed an MoU with Sierra Leone's Ministry of Energy to promote sustainable energy access and an agreement with the U.S. Bettering Human Lives Foundation for clean cooking solutions using liquefied petroleum gas (LPG). Prince Abdulaziz witnessed these signings, with the OSP represented by its CEO, Mohammed Al-Tayyar, and Sierra Leone by Deputy Minister Abdul Rahim Jalloh.

The partnership with Sierra Leone aims to explore renewable energy projects, develop hydrocarbon-based transport solutions, and expand access to clean cooking energy, including LPG. The agreement with the U.S. Foundation seeks to build a strategic partnership to grow the LPG market and promote safety awareness while supporting community initiatives led by women.

These agreements reflect a commitment to sustainable energy practices and international cooperation, seeking to facilitate investment in clean cooking technologies and improve energy access.