Saudi oil chief hails Trump’s ‘realistic’ energy plans

Khalid Al-Falih welcomes new president’s pro-fossil fuel approach, rejects suggestion US will quit Paris climate agreement

Saudi oil chief Khalid Al-Falih (Pic: Flickr/World Economic Forum)

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“President Trump has policies which are good for the oil industry and I think we have to acknowledge it, he has steered away from excessively anti-fossil fuels, unrealistic policies by some well-intentioned environmentalists,” Al-Falih told the BBC.

Asked about the chances of the US quitting the Paris Agreement, Al-Falih said “I don’t know about this,” and added: “I think he wants a mixed energy portfolio that includes oil, gas, renewables and make sure the American economy is competitive. We want the same in Saudi Arabia.”

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