Friday, October 21, 2022

Saudi Arabia Wants Closer Energy Ties With China And India

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman highlighted the importance of regularly exchanging viewpoints as two significant global energy producers and consumers. (File/AFP) 

Bloomberg: Saudi Oil Chief Holds Talks With Counterparts in China and Indi

(Bloomberg) -- Saudi Arabia’s energy minister held talks with counterparts from China and India, two of the kingdom’s biggest oil customers, amid a standoff with the US over OPEC+’s decision to cut production. 

Prince Abdulaziz bin Salman held an online meeting with China’s National Energy Administrator Zhang Jianhua, during which they agreed to bolster “the bilateral relationship between the two countries in the field of energy,” according to a joint statement published by the state-run Saudi Press Agency on Friday. 

They will “strengthen co-operation to address emerging risks and challenges,” the statement read. “The kingdom continues to be China’s most reliable partner and supplier of crude oil.”  

Read more ....  

Update #1: Saudi Arabia energy minister, China’s national energy administrator discuss cooperation (Arab News)  

Update #2: Saudis plot energy cooperation with China amid tensions with Biden (Axios)  

WNU Editor: Both China and India are members of Brexit, and Saudi Arabia has made it very clear that they want to join the organization. I see a lot of diplomacy at play right now, and from my perspective Saudi Arabia is doing all the right moves to position itself to join the organization.

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