It was Russia, not Saudi Arabia, that pulled out of OPEC+ deal: Saudi ministers

It was Russia, not Saudi Arabia, that pulled out of OPEC+ deal: Saudi ministers
The logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria. (REUTERS file photo)
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Updated 04 April 2020

It was Russia, not Saudi Arabia, that pulled out of OPEC+ deal: Saudi ministers

It was Russia, not Saudi Arabia, that pulled out of OPEC+ deal: Saudi ministers
  • Saudi foreign and energy ministers say Moscow's claim that Kingdom withdrew from the OPEC+ deal was unfounded
  • They said it was Russia that abandoned the agreement, leading to a collapse in world oil prices

RIYADH: Saudi Arabia's foreign and energy ministers on Saturday denied Russia's claim that the Kingdom abandoned the OPEC+ deal, leading to a collapse in world oil prices.

In a statement carried by the Saudi Press Agency (SPA), Foreign Minister Prince Faisal bin Farhan said "a statement attributed to one of the media of President Vladimir Putin of the Russian Federation claimed that one of the reasons for the decline in oil prices was the Kingdom's withdrawal from the deal of OPEC + and that the Kingdom was planning to get rid of shale oil producers."

"The minister affirmed that what was mentioned is fully devoid of truth and that the withdrawal of the Kingdom from the agreement is not correct," the statement said.

In fact Saudi Arabia and 22 other countries tried to persuade Russia to make further cuts and extend the deal, but Russia did not agree, it said.

Prince Farhan expressed surprise that Russia had to resort to "falsifying facts" when Saudi Arabia's stance on shale oil production is known, the statement said.

He pointed out that Saudi Arabia is one of the main investors in the energy sector in United States, implying that there is no reason for the Kingdom "to get rid of shale oil producers" as Russia has claimed.

He further said the Kingdom "is also seeking to reach more cuts and achieve oil market equilibrium for the interest of shale oil producers."

OPEC+ refers to the cooperation between members of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil producers. The cooperation deal which called for cuts in production by the producers was meant to stabilize oil prices. 

In a separate statement, Saudi Energy Minister Prince Abdulaziz bin Salman rejected Russian Energy Minister Alexander Novak’s similar claim that the Kingdom refused to extend the OPEC+ deal and withdrew from it.

Novak "was the first to declare to the media that all the participating countries are absolved of their commitments starting from the first of April," Prince Abdulaziz said in a statement.

He said Novak's statement led other countries to decide "to raise their production to offset the lower prices and compensate for their loss of returns." 

On Thursday, Saudi Arabia called for an urgent meeting of oil exporters after US President Donald Trump said he expected the Kingdom and Russia to cut production by 10-15 million barrels per day.

Prince Farhan said he was "hoping that Russia would take the right decisions in the urgent meeting" so that a "fair agreement that restores the desired balance of oil markets" could be achieved.

The global oil market has crashed, with prices falling to $34 a barrel from $65 at the beginning of the year, as a result of the coronavirus pandemic. 

Fuel demand has dropped by roughly a third, or 30 million barrels per day, as billions of people worldwide restrict their movements.

A global deal to reduce production by as much as 10 million to 15 million barrels per day would require participation from nations that do not exert state control over output, including the United States, now the world’s largest producer of crude.

A meeting of OPEC and allies such as Russia has been scheduled for April 6, but details were thin on the exact distribution of production cuts. No time has yet been set for the meeting, OPEC sources said.
 


Arab coalition intercepts, destroys Houthi drones targeting Saudi Arabia’s Jazan, Khamis Mushait

Arab coalition intercepts, destroys Houthi drones targeting Saudi Arabia’s  Jazan, Khamis Mushait
Updated 06 March 2021

Arab coalition intercepts, destroys Houthi drones targeting Saudi Arabia’s Jazan, Khamis Mushait

Arab coalition intercepts, destroys Houthi drones targeting Saudi Arabia’s  Jazan, Khamis Mushait
  • Spokesman Col. Turki Al-Maliki said the coalition destroyed eight drones in the past 24 hours
  • The recent Houthi attacks received multiple condemnations from Arab countries

DUBAI: The Arab coalition on Saturday intercepted and destroyed two Houthi drones targeting Saudi Arabia’s Jazan and Khamis Mushait, state news agency SPA reported.
Spokesman Col. Turki Al-Maliki said the coalition destroyed eight drones in the past 24 hours.
He added that the Iranian-backed militia’s attempts to attack civilians in a deliberate and systematic manner constituted war crimes.
Al-Maliki said the coalition had put in place measures to protect civilians in accordance with international humanitarian law.
Earlier on Friday, the coalition intercepted and destroyed six Houthi drones targeting the southwestern Saudi city of Khamis Mushayt.
The recent Houthi attacks received multiple condemnations from countries including the UAE, Egypt, Bahrain and Jordan where they stated their full support for the Kingdom in its fight against the militia.
Kuwait’s Ministry of Foreign Affairs has also said that the continuation of these crimes confirms the militia’s dangerous escalations and its intent to harm the security of Saudi Arabia and undermine the stability of the region.


Ministry campaign checks COVID-19 measures in Riyadh mosques

Ministry campaign checks COVID-19 measures in Riyadh mosques
Updated 06 March 2021

Ministry campaign checks COVID-19 measures in Riyadh mosques

Ministry campaign checks COVID-19 measures in Riyadh mosques

RIYADH: The Riyadh branch of the Ministry of Islamic Affairs, Dawah and Guidance on Friday organized an awareness and monitoring campaign to ensure mosques were implementing COVID-19 precautionary and preventive measures, the Saudi Press Agency reported.
The campaign was carried out in cooperation with the General Directorate of Health Affairs in Riyadh and a number of volunteer associations.
Healthcare volunteers and mosque supervisors took part in the campaign. Participants told worshippers to comply with social distancing measures, use their own prayer mats, and wear a face mask at all times.
They also organized the entry and exit of worshippers, in addition to distributing masks and prayer mats among them.
The director general of the ministry’s branch in Riyadh, Ahmed Al-Fares, said the campaign aimed to help raise awareness about COVID-19 prevention methods.
He added that the campaign was in line with the efforts of various state agencies to fight the pandemic and also promote a culture of volunteering among government bodies.

The Kingdom vs. COVID-19
How Saudi Arabia acted swiftly and coordinated a global response to fight the coronavirus, preventing a far worse crisis at home and around the world
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Saudis behind ‘The Journey’ anime trained in Japan

Saudis behind ‘The Journey’ anime trained in Japan
‘The Journey’ tells a historical story from the Arabian Peninsula where a potter with a mysterious past, Aws, takes part in an epic battle to defend his city. (Supplied)
Updated 06 March 2021

Saudis behind ‘The Journey’ anime trained in Japan

Saudis behind ‘The Journey’ anime trained in Japan
  • The film’s promotional video has already received support from Saudi entertainment officials, ministries and young people

JEDDAH: The 300 young Saudis who went to Japan to receive training in the art of manga will be able to see their new anime film on the cinematic big screen this summer.
The term manga is used in Japan to refer to both comics and cartooning, as the famous art form has been gaining popularity in the Kingdom for years.
That is why the Manga Productions Company recruited hundreds of young Saudis to come to the Toei Animation Studios to work on the first Saudi-Japanese anime film “The Journey.”
The company’s CEO Essam Bukhary, who is also the executive producer for the film, described the project as “the result of Saudi creative content production in cooperation with high-level international partners.”
Directed by the renowned Shizuno Kobun, the anime film took two-and-a-half years to make as the Saudi and Japanese staff succeeded in creating a blend of each country’s culture.
“Those young men and women worked along with the Japanese team on all the phases of the work, starting from writing the story, designing the characters, backgrounds, storyboard, editing, reviewing and others,” Bukhary told the YaHala TV show on Rotana Khalijia.
He said “The Journey” tells a historical story from the Arabian Peninsula where a potter with a mysterious past, Aws, takes part in an epic battle to defend his city.
Bukhary said the film will be displayed in both Arabic and Japanese.

HIGHLIGHT

Directed by the renowned Shizuno Kobun, the anime film took two-and-a-half years to make as the Saudi and Japanese staff succeeded in creating a blend of each country’s culture.

The film’s promotional video has already received support from Saudi entertainment officials, ministries and young people.
Saudi Royal Court adviser Turki Al-Sheikh, who is also the General Entertainment Authority chairman, tweeted: “I am ready to help with anything I can do.”
In another tweet, the Saudi Media Ministry posted: “The Journey, which will be displayed in the Middle East and North Africa this summer, represents a big cinematic step based on the Saudi Arabian heritage.”
The Japanese Embassy in Riyadh is excited for the film’s debut this summer and also praised both countries for their cooperation on the project.
Khaled Ibrahim, a Saudi digital illustrator, said the Kingdom is full of talented young men and women who just need studios where they can make similar animations and cartoons.
“The work that Manga Production has done, in collaboration with the famous Japanese Toei Animation, is a source of pride to us all,” he told Arab News.
Ibrahim said he was thrilled to hear that the company insisted on giving Saudis the chance to take part in courses on animation making.
“This could become the cornerstone for a new local industry,” he said.


Who’s Who: Muhammad Ali Albakri, IATA senior vice president for customer, financial and digital services

Who’s Who: Muhammad Ali Albakri, IATA senior vice president for customer, financial and digital services
Updated 06 March 2021

Who’s Who: Muhammad Ali Albakri, IATA senior vice president for customer, financial and digital services

Who’s Who: Muhammad Ali Albakri, IATA senior vice president for customer, financial and digital services

Muhammad Ali Albakri has been appointed senior vice president for customer, financial and digital services at the International Air Transport Association (IATA).

Since January 2017, Albakri held the role of regional vice president for the Africa and Middle East region.

Succeeding Aleks Popovich, Albakri is now responsible for IATA’s financial settlement products and services. He will be expected to process more than $450 billion of industry every year.
His responsibilities also include strengthening IATA’s client and customer activities, along with the company’s digital transformation initiatives for the benefit of the aviation industry.
IATA’s Director General and CEO Alexandre de Juniac said Popovich left behind a great team with a clear focus on customer service that will continue to drive critical changes under Albakri’s capable leadership.
The company’s website described Albakri as “an agent of change,” who will transform the MENA team to better serve member needs and pioneer the work of IATA’s digital transformation advisory council.
“Albakri is well prepared to guide the development of IATA’s commercial offerings, settlement services and digital leadership,” de Juniac said in a statement. “In normal times, these are critical functions, even more so in the middle of an industry crisis.”
Albakri previously worked for Saudia, the Kingdom’s national flag carrier, and served as its vice president of information technology. From 2009 to 2016, he was in charge of strengthening the company’s technology infrastructure and modernizing its financial practices. Albakri earned his bachelor’s and master’s degrees in information sciences from the University of Pittsburgh.


Cinemas, gyms and restaurants to reopen in Saudi Arabia

Cinemas, gyms and restaurants to reopen in Saudi Arabia
Updated 06 March 2021

Cinemas, gyms and restaurants to reopen in Saudi Arabia

Cinemas, gyms and restaurants to reopen in Saudi Arabia
  • All events and parties will continue to be suspended until further notice
  • Social gatherings remain restricted to a maximum of 20 people

RIYADH: Cinemas, gyms and sports centers will be allowed to reopen in Saudi Arabia from Sunday.
Indoor dining can also resume in restaurants and cafes along with other recreational activities, the interior ministry said on Friday.
However, all events and parties will continue to be suspended until further notice. This includes weddings, corporate meetings, events in banquet halls and social events.
Social gatherings remain restricted to a maximum of 20 people.
The Kingdom suspended recreational events on Feb. 3 to halt the spread of COVID-19. The suspension was extended on Feb. 14 for 20 days.
The ministry urged people to adhere to measures to prevent the spread of the coronavirus and said there would be an increase in spot checks to ensure everyone followed the rules.

The Kingdom vs. COVID-19
How Saudi Arabia acted swiftly and coordinated a global response to fight the coronavirus, preventing a far worse crisis at home and around the world
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