Naimi said "In addition to carefully-targeted reforms to encourage investment, we are leveraging our competitive advantages in the fields of petrochemicals, minerals, electricity, and water desalination. These advantages result in several industrial complexes that are suitable for joint efforts with companies from Asia, and we open our arms to such partnerships. We in Asia are linked together, East and West, producers and consumers, large and small. Our future hinges on energy, joint economic growth and shared responsibility. Petroleum has been the fuel of choice for the last one hundred years and the engine of Asia's and the world's economic growth. We believe it will continue to be the fuel of choice for many years to come. We in Saudi Arabia know that there are substantial oil and gas reserves available to meet world demand for decades to come. We are also willing to provide Asia and the rest of our customers with the oil they need now and in the future. We know that we and the rest of the West Asian producers are, and will be, the major source of oil and gas for the foreseeable future. It is a region with a history of dependability. In closing, I would like to say again that we consider Asia to be one continent with one future. We share a common desire for economic growth, for cooperation, mutual understanding and peace. For our part, Saudi Arabia will do everything possible to enhance our relationship with all nations of Asia, including our assurance of petroleum supply reliability in a world where energy is one of the most vital resources for enhancing the prosperity and quality of life of our people. Ladies and gentlemen; It is a pleasure to be in Singapore, and it has been an honor to address you here today. I thank you very much for your kind attention."
