His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King and Crown Prince, has highlighted the importance of further strengthening investments in the oil and gas sector to meet future demands, in line with Bahrain’s Economic Vision 2030.
He was meeting Vitol Group chief executive Russell Hardy at Riffa Palace yesterday.
HRH Prince Salman said such investments will also support other economic sectors, in line with the comprehensive development goals, led by His Majesty King Hamad.
He outlined the kingdom’s efforts to further develop the renewable energy sector, by adopting innovative solutions and initiatives that preserve the environment, in line with the sustainable development goals.
Latest regional and international developments in the energy sector were also discussed.
Present at the meeting were Oil and Gas Holding Company (Nogaholding) chairman Shaikh Nasser bin Hamad Al Khalifa, who is His Majesty’s representative for humanitarian work and youth affairs, Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa and Oil and Environment Minister Dr Mohammed Bin Daina.
Vitol is a Dutch group and a leader in the energy sector with a presence across the spectrum, from oil to power, renewables and carbon.