‎Saudi Arabia, Greece signal MoU on cooperation in vitality field


The MoU signing 

Saudi Arabia and Greece signed a memorandum of view (MoU) on vitality field. It used to be signed by Saudi Minister of Energy, Prince Abdulaziz bin Salman, and Greek Minister of International Affairs Nikos Dendias.  

The MoU defines a framework for cooperation on renewable vitality, vitality connectivity, export of electrical energy to Greece and Europe, switch of successfully-organized hydrogen to Europe, vitality effectivity, in addition to the oil, gas and petrochemicals industries.

The preliminary settlement adopts the round carbon formula to limit local climate change impacts.

It additionally covers strengthening digital transformation and innovation in vitality fields, including cybersecurity and rising quality partnerships between the 2 countries.

The MoU additionally enhances joint learn efforts within the vitality field, organizing workshops and multilateral conferences.

It used to be signed at some stage within the Saudi Crown Prince’s reliable take a look at with to Greece.