“The development of oil and gas resources depends more on capital than labour, and exporting oil and gas neither generates maximum returns from these precious resources nor creates large numbers of jobs within the local economy. As a result, the benefits are typically not shared broadly across society.”

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Originally said in English.

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About Khalid A. Al-Falih

Khalid A. Al-Falih is quoted here; further biographical details are not publicly available.

More from Khalid A. Al-Falih (13 quotes) →
"The development of oil and gas resources depends more on capital than…" — Khalid A. Al-Falih | Daily Quotes