Deputy Crown Saudi Prince Mohammed bin Salman
Deputy Crown Prince of Saudi Mohammed bin Salman put pressure on the kingdom delegation at the talks in Doha on the freezing of oil production, which led to their failure, learned FT. He even tried to withdraw her home
Deputy Crown Prince and favorite son of King Salman Mohammed bin Salman, who oversees the Saudi economy, at three o’clock in the morning on Sunday, April 17 called the Kingdom delegation at the talks in Doha and demanded her to return home, the Financial Times reported, citing informed sources. As a result, the Saudis still remain, but the negotiations were disrupted, the newspaper notes.
According to the FT, the delegates of other countries even on Sunday morning were confident that Saudi Oil Minister Ali al-Naimi verifies the consent of the world’s leading exporter oil to freeze its production. But on Monday the Minister of Venezuelan oil Eulohio del Pino, a former initiator of the idea of freezing, said that he had the impression that the Saudi delegation “did not have any authority».
The publication know that the Saudis involved in preparation of an initial draft agreement, which was presented to the meeting participants. Senior officials of OPEC told reporters that the participation of Saudi Arabia in the negotiations does not depend on the position of Iran, which has refused to join the initiative to restrict the oil supply.
«Almost all had the feeling that the deal will be closed for an hour” – he told the FT one of the participants. The publication notes that even the Saudi ally Kuwait said on Sunday morning that “optimistic” looks at the conclusion of the transaction. However, the Saudi delegation began to insist that agrees to freeze only with the participation of Iran, and by eight o’clock in the evening the negotiations were terminated without achieving any result
30-year-old Mohammed bin Salman was appointed Deputy Crown Prince -. Third most important in the kingdom – in April last year, when his father became king. It is the second deputy prime minister, defense minister and the head of the royal court, as well as the head of the board on economic issues. Occupying this position, he commanded fighting the Saudi army against the rebels in neighboring Yemen, and is responsible for planning the transition of Saudi Arabia to the post-oil economy, writes the FT.
The publication stresses that after coming to power of Prince Mohammed kingdom’s energy policy It becomes less dependent on commodity prices than geopolitics, particularly the regional rivalry with Iran. FT with reference to oil analysts say that oil was for Saudi arms Arabia’s rivalry with Iran, which wants to restore its production to dosanktsionnogo level and return the lost markets.
«I understand, it was clean policy “, – he told the FT is one of the negotiators, not representing the Gulf countries, noting that on Saturday, the Saudis were all agreed, and on Sunday, their position is reversed. One delegate said that the worst thing is that the non-OPEC countries have been involved in clarifying the relations within the cartel and do not want to participate again in these meetings.
While waiting for the demand and supply balancing the oil market participants worried that Prince Mohammed tries to bring the kingdom’s policy of maintaining its market share to a new level, writes the FT. According to the analyst Petromatrix Olivier Jakob, “one of the main outcomes of the meeting in Doha is that the Saudi regime has become totally unpredictable».
The head of the Russian Ministry of Energy Alexander Novak called Saudi Arabia’s position unreasonable given the fact that Iran does not I was present in Doha, and the negotiations, he said, was intended to secure the already agreed deals, not to consider it. Earlier, he said that the new requirements for the agreement put forward not only Saudi Arabia, and United Arab Emirates, Kuwait and Qatar, “conditionally Gulf countries».
The American business newspaper The Wall Street Journal points out that Saudi Arabia has not He offered an explanation of sudden toughen its stance in the negotiations. The publication notes that the meeting in Doha took place a few days before the visit to the Kingdom of the US President Barack Obama, who on Wednesday is scheduled to meet with King Salman.
WSJ reminded that Saudi Arabia is trying to get the United States the new guarantee that they did not abandon their Arab allies in favor of Iran, and Obama for his part wants to Riyadh and Tehran reduced the confrontation degrees, to reduce tensions in the Middle East.
a spokesman for the American president Josh Ernest in Monday declined to comment on the position of Saudi Arabia in the Doha negotiations, describing them as “forces oil producers to coordinate their activities with a view to enhancing their economic situation»
«We,. of course, aware of the fact that it has the effect of on the economy of the United States, “- said Ernest, adding that the White house prefer the current dynamics of low oil prices to high prices.
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