07 May 2016, Riyadh — Saudi Arabia, the world’s largest crude oil exporter, on Saturday appointed Khalid al-Falih as the kingdom’s new Energy Minister, replacing veteran Ali al-Naimi who has been holding the post since 1995.
Saudi state television cited a royal decree as saying the petroleum ministry had been renamed to become the Ministry of Energy, Industry and Mining. Falih was relieved from his previous post of health minister, the decree said.
*Rania El Gamal & Reem Shamseddine – Reuters.
