Saudi Arabia and Greece are deepening their collaboration in the energy sector, emphasizing the importance of maintaining secure international shipping routes. During talks in Riyadh, Saudi Crown Prince Mohammed bin Salman and Greek Prime Minister Kyriakos Mitsotakis committed to enhancing cooperation in energy, investment, digital connectivity, and security as they celebrated a century of diplomatic relations.
The leaders expressed concerns over the potential impact of attacks on energy infrastructure on global markets and economic stability, highlighting the necessity of protecting shipping lanes. Greece commended Saudi Arabia’s efforts to stabilize global oil markets, notably through alternative export routes like the East-West Pipeline.
A significant aspect of the discussions was energy cooperation, with both countries agreeing to expedite an electricity interconnection project that would enable power exchanges between Saudi Arabia and Europe via Greece. They also explored the potential for exporting Saudi clean hydrogen to Greece and other EU markets, alongside investments in renewable and conventional energy sectors and petrochemicals.
Bilateral trade, which reached approximately $1.7 billion in 2025, reflects the growing commercial relationship, with commitments to expand ties in infrastructure, construction, logistics, and technology. Digital connectivity was a priority, with both nations supporting the EMC submarine cable project aimed at enhancing communication infrastructure between East and West.
Saudi Arabia invited Greek companies to invest in major development initiatives, such as Riyadh Expo 2030 and the 2034 FIFA World Cup. Meanwhile, Greece encouraged Saudi investments in areas like transport, energy, logistics, digital infrastructure, and advanced technologies.
The leaders also pledged to bolster defense and security cooperation, focusing on counterterrorism, cybersecurity, intelligence sharing, and professional training. They reaffirmed their dedication to international climate agreements, supporting joint efforts in carbon management, artificial intelligence, space technology, healthcare, education, tourism, and culture.
These discussions build upon a strategic partnership council established in 2022, underscoring the pivotal role of Saudi-Greek relations in energy security, international trade, and regional connectivity.
