In a joint statement released following the visit of H.E. Emmanuel Macron, President of the French Republic, to the Kingdom, both France and the Kingdom highlighted their growing collaboration in the energy sector.
The statement emphasized the ongoing joint efforts in renewable energy, refining, and petrochemicals, while calling for the exploration of additional cooperation areas. Key discussions focused on ensuring the sustainability of supply chains, securing raw materials, and accessing strategic minerals crucial for industries transitioning to cleaner energy. Both nations agreed that these resources are vital for maintaining global energy security.
The statement also reaffirmed the commitment to enhancing cooperation in renewable energy, building on the Memorandum of Understanding signed in February 2023. Additionally, the importance of the peaceful use of nuclear energy was underscored.
A notable aspect of the talks was the development and transport of hydrogen. Both parties agreed on the necessity of expanding hydrogen projects across various sectors, including industries and transportation, to meet rising global demand, particularly in Europe.
The Kingdom’s efforts in advancing hydrogen technology were lauded by the French delegation, who expressed strong support for the Kingdom’s decarbonization goals. French companies reiterated their readiness to collaborate in these initiatives, particularly in the realm of innovative technologies, such as artificial intelligence in the energy sector.
This visit highlights the continued strengthening of energy ties between France and the Kingdom, positioning both countries to play pivotal roles in the global energy transition.
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