While London confirmed its intention to cooperate with Riyadh in looking at the best way to do this in a sustainable way that would sustain the support of local communities and international investors, a British diplomat stressed that his country wished to deepen the concepts of Saudi plans to explore its essential mineral reserves, explaining a net strategy for his country that would define measures to move to a green and sustainable future.
Neil Crompton, the British Ambassador to Saudi Arabia, told “Middle East” that the development of the mining industry is crucial to the international community’s ability to meet the climate change goals agreed upon in (GLASGOW) During the COP26 Climate Summit, through a global energy shift, it will depend on securing and accessing the essential metals and raw metals needed to develop low-carbon technologies for the present and future. “
Crompton, who represented Britain at the ministerial preparatory meeting of the Future Minerals Summit in Riyadh, finally added: “Whether it’s electric vehicle batteries or wind turbine components, we need to ensure that these markets operate with transparency and sustainability, and we will work in cooperation with international partners to deliver this through metal supply chains and multiple important markets.”
On the recent British participation in the Future Minerals Summit and the importance of Saudi-British cooperation in the area of clean energy and its impact on contributing to the competitiveness and stability of the global market, Crompton said: “We wish to deepen our understanding of the Kingdom’s plans to explore its essential mineral reserves. However, we also believe that the development of the mining industry is critical to the international community’s ability to meet the climate change goals agreed on in Glasgow during the Climate Summit. “
He continued: “The global energy shift will depend on securing and accessing the essential metals and raw metals needed to develop low-carbon technologies for the present and future; Whether it’s electric vehicle batteries or wind turbine components, we need to ensure that these markets operate with transparency and sustainability, and we will work with international partners to deliver this through metal supply chains and multiple important markets.”
On the British plan to cooperate with Saudi Arabia in mining, environmental protection techniques and community development, Crompton stressed that his country welcomed further discussions on the importance of minerals that could become a new and vital area in bilateral relations, stressing that robust mineral production would play an important role in the transition to a low-carbon future.
This trend is believed to represent the future, which will contribute increasingly to clean and sustainable economic growth, the reduction of greenhouse gases and ensuring the highest levels of environmental and social standards, as one of the United Kingdom’s priorities in supporting and enabling further investment in the United Kingdom in the extraction, processing and refining of important minerals both in the United Kingdom and internationally.
On the British plan to develop the oil, energy and gas sector during 2022, Crompton explained that his country supports the sector of nearly 300,000 Britons, with 40 per cent in Scotland, which emphasizes the need for oil and gas for some time. Local oil and gas are essential to maintain energy security in his country.
He added: “We have recently launched a comprehensive zero-net strategy that identifies measures to move to a green and sustainable future, which will help companies and consumers move to clean energy smoothly. The Government is also taking a series of important steps to decarbonize the energy sector while ensuring the security of supply, including the establishment of business models to support hydrogen generation, new generation using nuclear energy, carbon dioxide extraction and storage, and support for the development of flexible storage. “
On the impact of the spread of the Omicron mutant on his country’s energy and oil sector, Crompton said: “Given the constraints imposed on this sector over the past 18 months, we have seen strong flexibility in oil and gas extraction as most of the deferred maintenance due to the Koveed- 19 pandemic has now been completed. This sector is well placed to deliver as much domestic production as possible during the winter period. “