Bahrain keen to develop ‘smart oil economy’

 TDT | Manama                                        

The Daily Tribune – www.newsofbahrain.com   

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, emphasised the importance of continuing to develop strategic initiatives that reposition Bahrain as a smart oil economy to achieve quality opportunities and long-term sustainable growth.

He highlighted the important role of the oil and gas sector in supporting the Kingdom’s comprehensive development, led by His Majesty King Hamad bin Isa Al Khalifa.

HRH Prince Salman was speaking as he met yesterday with the President of Chevron International Exploration and Production, Clay Neff, at Riffa Palace.

His Royal Highness noted the importance of conferences and forums focusing on the oil sector’s development and strategic goals, and commended the outcomes of the Middle East Oil and Gas Conference (MEOS), held in Bahrain, in fostering innovative solutions in the sector.

His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs, Chairman of the Oil and Gas Holding Company (nogaholding), HH Shaikh Mohammed bin Salman bin Hamad Al Khalifa, the Minister of Finance and National Economy, Shaikh Salman bin Khalifa Al Khalifa, and the Minister of Oil and Environment, Dr Mohammed bin Mubarak Bin Daina, attended the meeting.