New Delhi, India – Saudi energy chief Prince Abdulaziz bin Salman bin Abdulaziz, visted India on Friday and held meeting with the Indian Minister of Commerce and Industry Piyush Goyal; Minister of Petroleum, Hardeep Singh; Minister of Electricity, Raj Kumar Singh, and a number of leaders of the Indian business sector.
Prince Abdulaziz is also the Chairman of the Ministerial Committee for Economy and Investment in the Saudi-Indian Strategic Partnership Council.Â
Saudi minister said the visit will further enhance the strategic partnership between the two countries and enable them to explore further opportunities for cooperation.
He defended the oil cartel and its partner’s decision to cut crude oil production, saying they were doing the right job to secure and stabilise the market.
OPEC+ alliance “is doing the right job”, said Saudi minister. .
The minister was on a day-long visit to prepare the ground for Saudi Prime Minister and Crown Prince Mohammed bin Salman’s trip to India next month.
OPEC+ earlier this month decided to cut crude oil production quotas by 2 million barrels per day, starting in November.