Prince Abdulaziz Bin Salman replaces Khalid Al-Falih who held the post since May 2016
King Salman Bin Abdulaziz Al Saud has issued a royal decree appointing Prince Abdulaziz Bin Salman Al Saud as Energy Minister, reports the official Saudi Press Agency.
At the end of August, a royal decree split the Ministry of Energy, Industry and Mineral Resources, then headed by Al-Falih, into the Ministry of Energy and Ministry of Industry and Mineral Resources.
“I would like to thank all the colleagues, whom I was pleased to work with, for all the efforts installed to serve our generous country. I hope they achieve more excellence and success,” said Al-Falih in press statement.
Prince Abdulaziz Bin Salman, the new energy minister has a lifetime of experience in energy. In his twenties he became an adviser to the energy minister in 1985 before being named Deputy Oil Minister in 1995, a position he held for nearly a decade.
He then served as Assistant Oil Minister until 2017, when he was named Minister of State for Energy Affairs. He holds degrees from King Fahd University of Petroleum and Minerals.
