Quotes by Khalid A. Al-Falih - Page 1

Resource-rich nations should not ignore efficiency simply because energy is abundant.
Khalid A. Al-Falih /
Abundant
Ignore
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We have large resources of uranium that we are exploring, and we are extremely encouraged.
Khalid A. Al-Falih /
Exploring
Uranium
Encouraged
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If oil prices will go too high, it will slow down the world economy and would trigger a global recession.
Khalid A. Al-Falih /
World Economy
Oil Prices
Prices
Recession
Trigger
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It would be a mistake to believe that environmental protection and economic growth are mutually exclusive.
Khalid A. Al-Falih /
Environmental
Economic Growth
Environmental Protection
Exclusive
Protection
Mutually
Mutually Exclusive
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I think that rational people in the world know that oil is a very important commodity for the rest of the world.
Khalid A. Al-Falih /
Commodity
Rational
World Important People
World Rest People
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Our history with Americans goes back over 80 years. They came here, they helped us harness our oil and gas, and we became leaders.
Khalid A. Al-Falih /
Gas
Harness
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Saudi Arabia is a very responsible country. For decades, we used our oil policy as responsible economic tool and isolated it from politics.
Khalid A. Al-Falih /
Arabia
Decades
Isolated
Saudi Arabia
Saudi
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It's true that robust governance structures, checks and balances, transparency of markets, directionally leads to... less vulnerability to corruption.
Khalid A. Al-Falih /
Checks
Governance
Robust
Transparency
Vulnerability
Balances
Checks And Balances
Leads
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Saudi Arabia is blessed with energy from various sources, whether it's fossil in oil and gas, or renewables, wind and solar, that are extremely competitive.
Khalid A. Al-Falih /
Arabia
Gas
Saudi Arabia
Wind
Fossil
Renewables
Saudi
Solar
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My role as the energy minister is to implement my government's constructive and responsible role and stabilizing the world's energy markets accordingly, contributing to global economic development.
Khalid A. Al-Falih /
Constructive
Economic Development
Accordingly
Implement
Minister
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We absolutely want to harness nuclear energy for peaceful purposes. There should be no doubt about Saudi Arabian intentions. Whatever we do is going to be under strict compliance with international agreements.
Khalid A. Al-Falih /
Arabian
Compliance
Doubt
Energy
Harness
International
No Doubt
Nuclear
Nuclear Energy
Peaceful
Strict
Absolutely
Agreements
Intentions
Purposes
Saudi
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Physical infrastructure remains important (particularly in developing nations), but concurrently investing in the development of a knowledge-based economy is essential to sustaining healthy economic growth and creating well-paying jobs in a highly competitive, ideas-driven global economy.
Khalid A. Al-Falih /
Developing
Economic Growth
Global Economy
Infrastructure
Investing
Remains
Sustaining
Growth Important Economic Growth
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The development of oil and gas resources depends more on capital than labour, and exporting oil and gas neither generates maximum returns from these precious resources nor creates large numbers of jobs within the local economy. As a result, the benefits are typically not shared broadly across society.
Khalid A. Al-Falih /
Benefits
Exporting
Gas
Labour
Large Numbers
Maximum
Numbers
Creates
Precious
Returns
Shared
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