FII Priority Asia

VIDEO: Chairman explores how partnerships in Japan and Asia can expand to critical minerals and data

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Global

Pioneering Spirit

H.E. Yasir Al-Rumayyan
Chairman of Aramco’s Board of Directors

Japan is a main partner for us, about 39% of the oil imports are coming from Saudi Arabia.

 

I think Saudi Arabia could be a good partner to Asia and Japan in particular when it comes to the supply chain and the critical minerals.

 

We brought in all the exploration efforts from Aramco because they've done the whole thing, but they were looking only for oil and gas, but they do have the data.

 

We’re using a lot of AI and data to get to the right sites.

 

What really powers AI is energy, and with the amount of buildup of data centers that we're seeing right now, not only in the US but the whole world, I think the energy consumption will increase exponentially over the years.

 

So the proposition that we have right now for the whole world is to make Saudi Arabia your data center, because we are very well positioned to be an AI hub for the world.