PanamaTimes

Friday, Jul 26, 2024

Saudi Arabia, Greece to sign energy deal, Crown Prince MBS says

Saudi Arabia, Greece to sign energy deal, Crown Prince MBS says

Saudi’s Mohammed bin Salman is visiting Greece and France on a his first EU visit since the 2018 murder of journalist Jamal Khashoggi.

Greece and Saudi Arabia will sign a deal on renewable energy and discuss other investments and security, Saudi Crown Prince Mohammed bin Salman (MBS) said in a meeting with Greek Prime Minister Kyriakos Mitsotakis in Athens.

MBS’s visit to Greece on Tuesday is his first to the European Union since the 2018 killing of Saudi journalist Jamal Khashoggi. He is also expected to visit France next, state news agency SPA reported.

“We can provide Greece and Southwest Europe through Greece with much cheaper renewable energy and get an MoU [Memorandum of Understanding] signed about that today,” MBS said, sitting alongside Mitsotakis.

MBS, the kingdom’s de facto ruler whose last official visit outside the Middle East was to Japan in 2019 for a G20 summit, was expected discuss bilateral ties and matters of mutual interest, according to SPA.

Greece and Saudi Arabia agreed in May on the main terms to set up a joint venture to build a data cable, the so-called “East to Med Data Corridor”, which will be developed by MENA HUB, owned by Saudi Arabia’s STC and Greek telecoms and satellite applications company TTSA.

A Greek diplomatic source has told Reuters news agency that a deal on the undersea cable along with other agreements in energy and military would be signed.

“We will be signing important agreements and we will have an opportunity to further discuss regional developments,” Mitsotakis said.

Mitsotakis was among Western leaders who have visited Riyadh since the murder of Khashoggi.

Khashoggi was a 59-year-old Saudi-born US resident who wrote columns for the Washington Post critical of MBS and his policies, as well as the Saudi government.

His killing and dismemberment by Saudi agents in the kingdom’s Istanbul consulate in October 2018 brought the powerful crown prince international condemnation, especially in the West, and tainted his image as a reformer pushing to open up Saudi Arabia, the world’s top oil exporter.



France’s President Emanuel Macron also visited Riyadh last year and US President Joe Biden met MBS on a trip to Saudi Arabia earlier this month as Washington works to ease tensions with Riyadh.

That move sealed Biden’s retreat from a presidential election campaign pledge to turn the kingdom into a “pariah” for the Khashoggi killing and wider human rights controversies.

US intelligence has implicated the prince in the killing of Khashoggi, a charge the prince and Saudi authorities deny.


Saudi Arabia under pressure for more oil


MBS’s stay in Europe represents a “highly symbolic move past his post-Khashoggi isolation”, said Kristian Ulrichsen, a research fellow at the Baker Institute at Rice University.

“While there has not been any formal coordination of policy in the ‘West’ against Mohammed bin Salman since 2018, the fact is that he has not visited any European or North American country since Khashoggi’s killing,” Ulrichsen told the AFP news agency.

MBS has also received a recent boost from Turkish President Recep Tayyip Erdogan, who visited Saudi Arabia in April, and then welcomed Crown Prince Mohammed in Ankara in June.

Erdogan had enraged the Saudis by vigorously pursuing the Khashoggi case, opening an investigation and briefing international media about the lurid details of the killing.

But with ties on the mend, an Istanbul court halted the trial in absentia of 26 Saudi suspects linked to Khashoggi’s death, transferring the case to Riyadh in April.




After Russia’s invasion of Ukraine triggered a spike in energy prices earlier this year, Saudi Arabia came under pressure from the US and European powers to pump more oil.

Elevated oil prices have been a key factor in inflation in the US soaring to 40-year highs, putting pressure on the Biden administration before midterm elections later this year.

But the world’s biggest crude exporter has resisted pressure to open the supply taps, citing its commitment to production schedules determined by the OPEC+ exporting bloc it co-leads with Russia.

In May, Saudi Minister of Foreign Affairs Prince Faisal bin Farhan Al Saud said the kingdom had done what it could for the oil market.

Last week, France’s President Macron received the new president of the energy-rich United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, in Paris.

During that trip, officials announced a deal between French energy giant Total Energies and UAE state oil company ADNOC “for cooperation in the area of energy supplies”.

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Mexican Drug Lords El Mayo and El Chapo's Son Arrested in Texas
World's Hottest Day Recorded on July 21
Joe Biden Withdraws from 2024 US Presidential Race
A Week of Turmoil: Key Moments in US Politics
Global IT Outage Sparks Major Concerns
Global IT Outage Unveils Digital Vulnerabilities
Secret Service Criticized for Lack of Sniper Protection During Trump Shooting
Colombian Court Annuls Amazon Tribes’ Carbon Credit Deal
Sunita Williams Safe on ISS, to Address Earth on July 10
Biden Affirms Commitment To Presidential Race
Boeing Pleads Guilty Over 737 MAX Crashes
Beryl Storm Hits Texas, Killing 2 and Causing Major Power Outages
2024 Predicted to Be World's Hottest Year
Macron Faces New Political Challenges Despite Election Relief
Florida Man Arrested Over Attempt to Withdraw One Cent
Anger mounts at Biden’s top team after disastrous debate
Bolivian President Luis Arce Denies 'Self-Coup' Allegations
Steve Bannon Begins 4-Month Prison Sentence
Biden Warns of 'Dangerous Precedent' After Supreme Court Immunity Ruling in Trump Case
Elon Musk Accuses Kamala Harris of Misleading Post on Trump's Abortion Stance
Hunter Biden Sues Fox News Over 'Revenge Porn' Allegations
New York Times Editorial Board Urges Biden to Exit Presidential Race
US Supreme Court Overturns Obstruction Charges Against January 6 Rioters
US Voters Prefer Biden's Democracy Approach, Trump's Economy Plan: Report
Attempted Coup in Bolivia: President Urges Public Mobilization
Top-Secret US Underwater Drone 'Manta Ray' Revealed on Google Maps
United States Bans Kaspersky Antivirus
Inside El Salvador’s 40,000 Inmate Mega-Prison
Toyota, Mazda, Honda, and Suzuki have committed fraud; falsified safety test results
El Salvador's Bitcoin Holdings Reach $350 Million
Teens Forming Friendships with AI Chatbots
WhatsApp Rolls Out Major Redesign
Neuralink's First Brain Implant Experiences Issue
Apple Unveils New iPad Pro with M4 Chip, Misleading AI Claims
OpenAI to Announce Google Search Competitor
Apple Apologizes for Controversial iPad Pro Ad Featuring Instrument Destruction
German politician of the AFD party, Marie-Thérèse Kaiser was just convicted & fined $6,000+
Changpeng Zhao Sentenced to Four Months in Jail
Biden Administration to Relax Marijuana Regulations
101-Year-Old Woman Mistaken for a Baby by American Airlines: Comical Mix-Up during Flight Check-in
King Charles and Camilla enjoying the Inuit voice singing performance in Canada.
New Study: Vaping May Lower Fertility in Women Trying to Get Pregnant
U.S. DOJ Seeks Three-Year Sentence for Binance Founder Changpeng Zhao
Headlines - Thursday, 23 April 2024
Illinois Woman Wins $45M Lawsuit Against Johnson & Johnson and Kenvue for Mesothelioma Linked to Baby Powder
Panama's lates news for Friday, April 19
Creative menu of a Pizza restaurant..
You can be a very successful player, but a player with character is another level!
Experience the Future of Dining: My Visit to an AI-Powered Burger Joint
Stabbing rampage terror attack in Sydney, at least four people killed, early reports that a baby was among those stabbed.
×