Riyadh - SPA
IEF Secretary General Condemns Terrorist Attack on Jeddah Fuel Tank

International Energy Forum (IEF) Secretary General Joseph McMonigle made
a statement today condemning the November 23 terrorist attack on a fuel
tank facility in Jeddah, Saudi Arabia.

"The November 23 terrorist attack on a fuel tank at the petroleum
products distribution terminal in the north of Jeddah, Saudi Arabia,
occurs after the impact of the COVID-19 pandemic on the world economy
and global energy markets has strengthened global solidarity among
governments and stakeholders to regain energy market stability and
enable a swift and inclusive economic recovery," McMonigle said.

"The IEF joins the global community is condemning such attacks. It
also serves as another stark reminder for governments from producing and
consuming countries, as well as the global energy sector, of their
responsibility to maintain energy security and market stability in
evermore complex and densely interconnected world markets", McMonigle
added.

"The global economic recovery depends on critical energy
infrastructure, including production facilities, refining, transport,
and port infrastructure, as well as free and safe passage in sea lanes,"
McMonigle said.

"Dialogue and collaboration among IEF member countries will
strengthen energy security and market stability in new and more dynamic
risk environment," McMonigle said.

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