Sunday, September 15, 2019

Tag: Oman

Britain is now the second biggest arms dealer in the world

Two-thirds of UK weapons have been sold to Middle Eastern countries since 2010. Britain is now the second biggest arms dealer in the world, official government figures show – with most of the weapons fuelling deadly conflicts in the Middle East. Since 2010 Britain has also sold arms to 39 of...

Saudi Arabia Oil Demand Growth at 6-Year Low on Slowdown

Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is expanding at the slowest pace in at least six years as low energy prices hurt economic growth. The kingdom’s demand for oil increased by an average of 24,000 barrels a day in the first five months of 2016, the...

Iran-Saudi rivalry strains Doha oil talks

A quorum of members of the Organization of Petroleum Exporting Countries (OPEC) and other oil producers such as Russia attempted to reach consensus on freezing output but had to play second fiddle to geopolitical rivalry between heavyweight exporters Iran and Saudi Arabia. A communique calling for an output freeze until...

Oil Freeze: Everything You Need to Know About the Doha Summit

Nations representing almost 60 percent of the world’s oil production will gather in Doha on April 17 to discuss freezing their output at January levels in an effort to stabilize prices. Russia, Saudi Arabia, Qatar and Venezuela made a preliminary deal in February and are seeking to add more...

China Imports Record Oil as Higher Margins Boosts Purchases

China's crude imports climbed to a record in the first quarter as higher refining margin encouraged refiners to boost purchases. The world’s biggest energy user increased inbound shipments to 91.1 million metric tons in the first three months of the year, data from the Beijing-based General Administration of Customs showed...

Oman Gas Projects Could Undermine U.S. LNG Market Ambitions

Two separate projects in the sultanate of Oman are about to turn the tiny Gulf country into an important international liquefied natural gas (LNG) player that the U.S. will have to contend with in its ambition to become the leader of this market. The first one is an agreement with...

Saudi War for Yemen Oil Pipeline is Empowering al-Qaeda, IS

Secret cable and Dutch government official confirm that Saudi Arabia’s war on Yemen is partly motivated by an ambitious US-backed pipeline fantasy. Nearly 3,000 civilians have been slaughtered and a million displaced in Saudi Arabia’s noble aerial bombardment of Yemen, which is backed by the United States and Britain. Over 14...

Where does Oman and Iran’s pipeline leave Saudi Arabia?

Recent reports suggest that officials in the Sultanate of Oman and the Islamic Republic of Iran have given the go-ahead for the rumored 173-mile underwater gas pipeline connecting the two nations. As of March 2013, only an “understanding” had been reached. The new reports raise clear implications for the...

Study calls for 950-kilometre canal bypassing Hormuz

Manama: A 950-kilometre water canal connecting the Arabian Gulf with the Arabian Sea has been suggested by a Saudi study. According to the project by the Riyadh-based Arab Century Centre for Studies, the canal will be 630 kilometres in Saudi Arabia and 320 kilometres in Yemen and will reduce by...

Saudi Arabia Breaks Gulf Silence on Peg Seen Here to Stay

Saudi Arabia’s pledge to maintain its dollar currency peg, amid oil’s slump to a six-year low, is likely to be followed by its smaller Gulf neighbors. Ahmed Alkholifey, the Saudi central bank’s deputy governor for research and international affairs, told Al Arabiya television Tuesday that authorities will maintain the peg...

Divide and Rule: Saudi Arabia, Oil and Yemen

Saudi Arabia does not want a strong, democratic country on the other side of the more than 1500 kilometer long border that separates both countries. It opposed the unification of former North- and South Yemen in 1990. It supported, together with Kuwait, the Southern separation movement during the Civil...

Along with Saudi king, most Gulf rulers to skip US summit

DUBAI, United Arab Emirates (AP) — It is not just the Saudi king who will be skipping the Camp David summit of U.S. and allied Arab leaders. Most Gulf heads of state won't be there. The absences will put a damper on talks that are designed to reassure key Arab...

Kuwait to order Boeing F/A-18 fighters worth $3 Billion

New York (AFP) - Kuwait plans to order 28 Super Hornet advanced fighter jets worth $3 billion from Boeing, a person close to the deal told AFP Thursday. The order for the F/A-18E/F multirole aircraft marks an important victory for Boeing over European rivals, which had been pitching the Eurofighter...

Iran deal must include Gulf security guarantees, France agrees

ISLAMABAD — French President Francois Hollande threw his weight Tuesday behind demands by Saudi Arabia and other Persian Gulf Arab monarchies that a prospective deal with Iran over its nuclear program come with guarantees of their security. After talks in Riyadh, Hollande and Saudi King Salman issued a joint statement,...

Gulf states give Egypt $6B in aid

CAIRO: Saudi Arabia, Kuwait and the United Arab Emirates deposited $6 billion with Egypt’s central bank Wednesday, the bank’s governor said, a sign the Gulf powers remain committed to propping up the Egyptian economy. “Today ... $2 billion from each state came into the country’s foreign exchange holdings,” Governor Hisham...

Iran deal bodes well for Oman-India pipeline project

The historic breakthrough announced by world powers at the weekend in clinching a framework agreement with Iran over its nuclear programme could have hugely beneficial economic implications for the Sultanate of Oman once international sanctions are eventually lifted, say experts. A conclusive deal, targeted by the end of June,...

America, Saudi Arabia, and the Strategic Importance of Yemen

Yemen is a growing reminder of just how important the strategic U.S. partnership with Saudi Arabia really is. It is one thing to talk about the war against ISIS, and quite another to realize that U.S. strategic interests require a broad level of stability in the Gulf and Arabian...

Yemen Beware as it Threatens US-backed Order

The crisis in Yemen is the latest manifestation of the old order desperately trying to cling on to a dwindling power base. That old order has been backed by the United States and its allies among the Persian Gulf Arab dictatorships as a bulwark against a popular uprising that...

SAGE to build Middle-East To India Deepwater Gas Pipeline

The Indian joint venture South Asia Gas Enterprise Pvt Ltd (SAGE) is now preparing the front end engineering and design for its deepwater transnational gas pipeline called Middle-East to India Deepwater Pipeline (MEIDP) to import gas from Iran and Oman into India. Despite its own reserves and on going offshore fields...

Fueling The New World Order: Where Does China Import Its Crude Oil From?

It was roughly half a year ago that China officially surpassed the US as the world's largest importer of oil. Since then, there have been some rather dramatic changes in the global geopolitical landscape, perhaps the most important of which are the ever louder and bolder attacks on the...

Of Strategic Interest To NATO: The Militarization of Saudi Arabia and the Persian Gulf

On June 18 Secretary General Anders Fogh Rasmussen met with Saudi Arabia’s Deputy Minister of Foreign Affairs Dr. Nizar Madani at the North Atlantic Treaty Organization Headquarters in Brussels, Belgium. The head of the Western military alliance extended an invitation to the Persian Gulf kingdom to join NATO’s partnership program...

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