Businesse-magazine

A look at HRH, Prince Abdulaziz bin Salman’s Personal Life, and Service

Abdulaziz bin Salman bin Abdulaziz Al Saud (1960), one of King Salman’s sons, was an assistant to the Saudi Oil Minister between 2005 and 2017.

On September 8, 2019, he became Minister of Oil and Mineral Resources.

Early life and education

Prince Abdulaziz was born in 1960. He is the fourth son of King Salman bin Abdulaziz, King of Saudi Arabia. His mother is Sultana bint Turki Al-Sudairy, who died at the age of 71 in July 2011.

His birth was the daughter of King Salman’s maternal uncle, Turki bin Ahmed al-Sudairi, who was the governor of the Asir region.

Abdulaziz bin Salman’s brothers are Fahd bin Salman, Ahmed bin Salman, Sultan bin Salman, Faisal bin Salman, and Hessa bint Salman.

Abdulaziz bin Salman obtained a scientific degree in industrial management from King Fahd University of Petroleum and Minerals. He also obtained a master’s degree in industrial management from the same university in 1985.

Professional Life

Prince Abdulaziz bin Salman.

Prince Abdulaziz began his working life as a lecturer at King Fahd University of Petroleum and Minerals, after which he was the acting director of the university’s research institute, which deals with energy studies.

Later, he worked as Director of the Industrial and Economic Research Department at the same university.

In 1987, he became a consultant at the Ministry of Petroleum. At that time, it is said that his relations with Minister Hisham Al-Nazer were tense.

Prince Abdulaziz was promoted as Deputy Minister in June 1995. He was also appointed Assistant Minister for Petroleum Affairs, an entity established in June 1996. In addition, he was the head of the Energy Rationalization Committee.

He continued his position as Deputy Minister of Petroleum until 2005 when he was appointed Assistant Minister of Petroleum.

He continued his position as Assistant Minister of Petroleum until April 22, 2017, when he was appointed Minister of State for Energy Affairs.

Positions

Working as an assistant to the Minister of Petroleum, Prince Abdulaziz was considered a prominent figure in Saudi politics since his direct dealings with the kingdom’s main source of income, oil.

Prince Abdulaziz was considered one of the future pivotal figures in Saudi Arabia when the grandsons of Ibn Saud began to rule the country. He is also seen as a possible successor to former Petroleum Minister Ali Naimi.

Prince Salman had a role in accomplishing the first strategy approved by OPEC at its ministerial conference in 2005, where he chaired it.

The committee was composed of the undersecretaries of the ministries of petroleum and energy in the member countries of the Organization of the Petroleum Exporting Countries, to prepare the long-term strategy of the Organization of the Petroleum Exporting Countries

Prince Abdulaziz has a prominent role in establishing the Saudi Energy Efficiency Center.

Oil Minister

On September 9, 2019, the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, issued several royal orders appointing Prince Abdulaziz bin Salman as Minister of Energy.

Prince Sultan bin Ahmed was appointed as the ambassador of the Custodian of the Two Holy Mosques to Bahrain, and Eng. Khalid Al-Falih, the former Minister of Energy, was relieved of his post.

The royal decisions included appointing Osama bin Abdulaziz Al-Zamil as Deputy Minister of Industry and Mineral Resources at the excellent rank, and relieving Engineer Abdulaziz bin Abdullah bin Ali Al-Abdul Karim, Deputy Minister of Energy and Industry from his post.

Prince Abdulaziz bin Salman is considered the center of the ministry in which he worked for three decades in the oil sector, where he held several positions, as he was Minister of State for Energy Affairs in the Ministry of Energy, Industry, and Mineral Resources.

He also held the position of Deputy Minister of Petroleum and Mineral Resources since 2015, and Assistant to the Minister of Petroleum and Mineral Resources for Petroleum Affairs during the period from 2004-to 2015,

He was also Undersecretary of the Ministry of Petroleum and Mineral Resources for Petroleum Affairs during the period from 1995 – to 2004, and an advisor to the Minister of Petroleum and Mineral Resources (1987 – 1995),

He also held the position of Director of the Department of Economic and Industrial Studies at the Research Institute at King Fahd University of Petroleum and Minerals during the period 1985-to 1987.

Other Roles

Prince Abdulaziz is a member of the Board of Directors of the following organizations: the Oxford Institute for Energy Studies, the Oxford Energy Policy Club, and the Petroleum Institute.

He is an honorary president of the Saudi Economic Association. He is also the general supervisor of the Prince Fahd Bin Salman Charitable Association for the Care of Patients with Renal Failure.

His Personal Life

Prince Abdulaziz is married to Sarah bint Khalid bin Musaed bin Abdulaziz (b. 1966). and they have three sons:

The Ministry of Energy is the ministry responsible for the management, development, and exploitation of oil and gas in the Kingdom of Saudi Arabia and is now headed by Prince Abdulaziz bin Salman.

A royal decree was issued on August 30, 2019, to change the name of the Ministry of Energy, Industry and Mineral Resources to the Ministry of Energy, and to establish a new ministry in the name of the Ministry of Industry and Mineral Resources.

The Ministry of Energy, Industry, and Mineral Resources was formerly known as the Ministry of Petroleum and Mineral Resources

The Birth of the ministry

In 1935, the Public Works and Minerals Authority was established, which was then affiliated with the Ministry of Finance. In 1952, the General Directorate of Petroleum and Minerals Affairs was established, and it was also affiliated with the Ministry of Finance.

In 1960, the directorate was transformed into a ministry under the name of the Ministry of Petroleum and Mineral Resources, as the Kingdom’s government was seeking to regulate the investment of natural resources such as oil, gas, and minerals.

In 2016 the ministry’s name was changed to the Ministry of Energy, Industry, and Mineral Resources. On August 30, 2019, the name of the Ministry of Energy and Mineral Resources was changed to the Ministry of Energy.

King Abdullah Petroleum Studies and Research Center (KAPSARC)

Established by the Ministry in 2007, by order of King Abdullah bin Abdulaziz, it is a center for research and future policies related to the exploration and analysis of matters related to energy and the environment.

The center is located in the city of Riyadh. The center seeks, through its objective results, to increase the degree of understanding of these issues and to start preparing solutions that will contribute to shaping the future of sustainable energy in Saudi Arabia and the world.

Short link :

Related Stories

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button