EMBASSY OF SAUDI ARABIA: King Salman: Cowardly Attack Threatens Stability of Global Economy

Image
-
0Comments

Embassy of Saudi Arabia issued the following announcement on Sept. 17.

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet’s session at Al-Salam Palace in Jeddah on Tuesday afternoon.

At the outset of the session, the King expressed his appreciation to heads of states, state officials, regional and international organizations, and all those who condemned the attacks on two Aramco plants in Abqaiq and Khurais.

His Majesty reaffirmed the Kingdom’s ability to deal with the effects of such cowardly attacks, which do not only target the Kingdom’s vital installations, but also target global oil supplies, and threaten the stability of the global economy.

In a statement to the Saudi Press Agency, Minister of Media Turki bin Abdullah Al-Shabanah stated that during the meeting, cabinet members asserted that the aim of this unprecedented attacks is to threaten international peace and security and global energy supplies, and is an extension of previous acts of aggression on Saudi Aramco’s pumping stations involving the use of Iranian weapons. Cabinet members called on the international community to shoulder its responsibility in condemning those behind these egregious attacks.

The Cabinet was briefed by the Minister of Energy on the serious consequences of these blatant sabotage attacks on Saudi Aramco oil plants in Abqaiq and Khurais, which according to preliminary estimates, led to the suspension of crude oil supplies estimated at (5.7) million barrels, in addition to the suspension of associated gas quantities estimated at (2) billion cubic feet per day, and a 50% decrease in ethane gas and natural gas liquids supplies.

The Cabinet affirmed that this cowardly attack on the largest and most important crude oil processing plant in the world is an extension of repeated attacks on vital facilities which threaten the freedom of navigation and affect the stability of the global economy.

The Cabinet stressed the Kingdom will defend its lands and vital facilities, and reaffirmed its ability to respond to such acts irrespective of their source, calling on the international community to take tougher measures to stop these blatant attacks that threaten the region, the security of oil supplies and the global economy, and to hold those responsible accountable.

Original source: https://www.saudiembassy.net/news/king-salman-cowardly-attack-threatens-stability-global-economy



Related

Source: Council of Saudi Chambers

COUNCIL OF SAUDI CHAMBERS: The Council of Saudi Chambers organizes the Saudi-Omani Investment Forum

The Council of Saudi Chambers organized this morning (Sunday) in its headquarters, the Saudi-Omani Investment Forum, in the presence of His Excellency the Governor of the General Investment Authority, Engineer Ibrahim Al-Omar, and His Excellency Mr. Yahya bin Saeed Al-Jabri, Chairman of the Board of Directors of the General Authority for Promotion, Investment and Export Development, and Chairman of the Council of Saudi Chambers Dr. Sami Bin Abdullah Al-Obeidi, and the Chairman of the Amman Chamber of Commerce and Industry, Mr. Qais Al-Youssef, with the participation of a number of Saudi and Omani business officials and owners.

Source:  Abu Dhabi University

ABU DHABI UNIVERSITY: Reaching 75% Construction Completion

ADU an internationally recognized academic institution for quality education and applied research, has announced completion of 75% of the construction of its AED300 million new campus in Al Ain’s Asharej district. With over 400 laborers working on the development of the new campus, applying the highest health and safety standards and the safety regulations of the Civil Defense for 2018, the building also meets One-Pearl Estidama requirements for design and operation sustainability.

Source: Abu Dhabi University

ABU DHABI UNIVERSITY: ADU Inaugurates IEEE 2019 International Conference on Imaging Systems and Techniques

Abu Dhabi University (ADU) today inaugurated the IEEE 2019 International Conference in Imaging Systems and Techniques, the premier forum for presenting technological advances and research results.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.