Saudi Energy Minister reaffirms Kingdom as reliable energy supplier at St. Petersburg forum

Saudi Energy Minister Prince Abdulaziz bin Salman said Saudi Arabia will remain a reliable and flexible energy supplier under all circumstances, using a high-profile appearance at the St. Petersburg International Economic Forum to emphasize the Kingdom’s role in stabilizing global energy markets. According to Asharq Al-Awsat and Saudi Gazette, he said the world urgently needs stability in the energy sector and that Saudi Arabia’s position as a dependable supplier will continue.

His remarks came during the 29th St. Petersburg International Economic Forum, where Saudi Arabia is participating as the main guest of honor, according to Asharq Al-Awsat. The minister’s comments were framed as a message to markets that, despite geopolitical tensions, Riyadh intends to preserve its ability to respond to disruptions and remain a steady source of supply.

Saudi Gazette reported that Prince Abdulaziz told the forum: “We are a resilient energy supplier; we have been and will remain so under all circumstances.” That message reflects Saudi Arabia’s long-standing effort to present itself as a stabilizing force in global energy, especially at a time when prices and supply chains remain sensitive to conflict, sanctions, and shifting demand.

Asharq Al-Awsat also reported that the minister used the forum to highlight broader cooperation with Russia, saying the two sides had signed 30 new private-sector cooperation agreements across fields including industry, education, tourism, and energy. He said the strategic relationship had moved beyond oil and gas production to what he described as comprehensive energy supply, including hydrocarbons and the export of electricity.

The setting of the remarks matters as much as the message itself. Saudi Arabia’s presence in St. Petersburg as guest of honor underscores the Kingdom’s effort to position itself as a major diplomatic and economic player beyond the Middle East, while also deepening ties with Moscow at a time when global energy politics remain highly charged.

For consumers, producers, and policymakers, the Saudi minister’s comments point to a continued focus on supply security, market confidence, and long-term energy partnerships. As reported by Asharq Al-Awsat, the forum session brought together senior energy decision-makers, including OPEC Secretary General Haitham Al Ghais and Russian Deputy Prime Minister Alexander Novak, signaling that the discussions were aimed not only at bilateral ties but also at the wider direction of the global energy market.