Saudi Arabia signs energy cooperation memoranda with Kuwait, Qatar and Egypt

11 October 2026

Energy Minister Prince Abdulaziz bin Salman signed three memoranda of understanding with ministers from Kuwait, Qatar and Egypt in Riyadh on Sunday, 11 October 2026. The MoU with Kuwait's Minister of Electricity, Water and Renewable Energy covers electricity, renewable energy, power grid interconnection, electricity exports, energy storage and smart grids. The MoU with Qatar's Minister of State for Energy Affairs Saad bin Sherida Al-Kaabi covers oil, gas, refining, petrochemicals, clean hydrogen and renewables. It also provides for exploring joint projects on pipelines for the transportation and export of oil and gas. The MoU with Egypt's Minister of Petroleum and Mineral Resources Karim Badawi covers trade, transport, storage and distribution of crude oil, petroleum products and natural gas. It includes sharing Saudi experience in opening the liquefied petroleum gas sector to competition.