MENU

Landmark Memorandum of Understanding Signed Between the Philippine Department of Energy and Saudi Ministry of Energy

Riyadh102901

Secretary of Energy Raphael P.M. Lotilla (left) and Saudi Minister of Energy H.R.H. Prince Abdulaziz bin Salman bin Abdulaziz sign the MOU for Cooperation in the Field of Energy at the Ministry of Energy Headquarters, Riyadh, Kingdom of Saudi Arabia (Photo courtesy of  Saudi Ministry of Energy)

RIYADH 29 October 2024 — Saudi Minister of Energy H.R.H. Prince Abdulaziz bin Salman Al Saud and Philippine Secretary of Energy Raphael P.M. Lotilla signed a Memorandum of Understanding (MOU) for cooperation in the energy sector at the Ministry of Energy Headquarters in Riyadh, Saudi Arabia.

The MOU establishes a framework for collaboration between the Philippines and Saudi Arabia across various energy sectors, including technologies for climate change mitigation.

The Philippine delegation was led by Secretary of Energy Raphael P.M. Lotilla. He was joined by Mr. Rafael Jose D. Consing, Jr., President and Chief Executive Officer of Maharlika Investment Corporation, the entity responsible for managing the Maharlika Investment Fund (MIF), and Mr. Danel Aboitiz, the TWG Lead for Energy, Private Sector Advisory Council, and President and Chief Executive Officer of Aboitiz Power Corporation which is one of the leading power companies in the Philippines. The Philippine Embassy in Riyadh facilitated this historic event, reinforcing the strong bilateral partnership between the two nations. END

Riyadh102902

Secretary of Energy Raphael P.M. Lotilla (left) and Saudi Minister of Energy H.R.H. Prince Abdulaziz bin Salman bin Abdulaziz in a bilateral meeting prior to the MOU signing at the Saudi Ministry of Energy Headquarters (Riyadh PE Photo)

For more information, visit https://www.riyadhpe.dfa.gov.ph or https://www.facebook.com/PHLinKSA, https://twitter.com/PHLinKSA or https://www.instagram.com/phlinksa/