Dr. Majid Al-Moneef is the Chairman of the International Advisory Committee of King Abdullah Petroleum Studies and Research Center (KAPSARC). He was the Secretary Generl and a member of the Supreme Economic Council of Saudi Arabia and Saudi Arabia’s Governor to OPEC, the Chairman of the Gulf Cooperation Council (GCC) Energy Working Group, president of the Saudi Economic Association, professor of economics and vice dean at King Saud University and president of the Arab Energy Forum, He was a member of the Saudi Consultative Assembly, the Board of Trustees of the Economic Research Forum, the Officers Council of the International Association of Energy Economics( IAEE), the editorial Board of the Saudi Economic Journal and the advisory Board of OPEC Energy Review.
Energy constitutes a major building block of Saudi Arabia’s economic reform agenda described in the government’s Vision 2030. This column outlines the key considerations, including the future role of the oil industry, energy efficiency programmes, domestic energy prices and diversification of energy sources.