Home Government and Policy PM Modi made very strong points for ensuring affordable fuel for Indians: Saudi Energy Minister

PM Modi made very strong points for ensuring affordable fuel for Indians: Saudi Energy Minister

AL-Falih is also the chairman of the state-owned Saudi Aramco, world's largest oil producer.

The energy minister of Saudi Arabia has stated that PM Modi has met him on several occasions and has made very strong points regarding affordable fuel prices for Indian consumers. Al-Falih, the energy minister who is also the chairman of the state-owned Saudi-Aramco, world’s largest oil producing company, was speaking to media persons in the OPEC meeting in Vienna.

As per reports, the Saudi energy minister mentioned that US president Donald Trump is very vocal about the affordability of oil for the USA, which is the largest consumer of fossil fuel in the world.

Al-Falih was answering to questions by reporters who asked him about Trump’s recent Tweet insisting that the OPEC keeps oil prices low. He stated that his nation takes Trump’s views seriously.

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Then he added that they also take Indian PM Modi’s considerations seriously. He added that while Trump tweets about his views, PM Modi has communicated with them personally. He added, “But we also take the views of Prime Minister Modi who is equally vocal. We just met with him in Buenos Aires and privately he made those points of view very, very strongly that he does care for Indian consumers. I have seen him 3 times in India at various energy events in India where he was also very vocal.”

PM Modi was attending the G20 summit in Buenos Aires recently. As per reports, PM Modi has relentlessly campaigned for low oil prices at an international level. During a brainstorming session of OPEC countries in October, PM Modi had reportedly told the largest producers that they will be killing their ‘golden goose’ if they continue to keep oil prices high.

Modi had met Al Falih along with several other energy ministers and top leaders of oil exporting companies in October. He had pointed out the downsides of high prices as it impacts the economy of nations and asked for better management of prices, including payment method.

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