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Published On: Fri, Jun 15th, 2018

Bin Salman, Putin discuss oil in Moscow

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Araweelo News Network

Russian President Vladimir Putin (L) shakes hands with Saudi Crown Prince Mohammad bin Salman during their meeting at the Kremlin in Moscow on June 14, 2018. (Photo by AFP)

Moscow(ANN)-Russian media say Saudi Arabia’s Crown Prince Mohammad bin Salman and Russian President Vladimir Putin have discussed oil production cuts during their meeting in Moscow.

Bin Salman met with Putin in the Kremlin on Thursday, reported Russia Today, which referred to the issue as the meeting’s staple talking point. The two countries’ energy ministers Khalid al-Falih and Alexander Novak were also in attendance.

The Saudi crown prince reportedly hailed bilateral cooperation with Russia in boosting the global oil market, stressing that Riyadh was determined to continue the joint work.

“I think that the whole world benefited from this cooperation, as the volatility in oil prices, as well as other volatility occurring in this sphere, and the stabilization achieved in this sphere helped to stabilize the entire global economy,” bin Salman was quoted as saying.

“The benefit to our two countries has been a benefit to all countries that use our energy. We have been witnessing this beneficial effect over the past several years. Undoubtedly, we would like to continue this cooperation and go even further,” he added.

‘Let the strongest win’

During his stay in Moscow, bin Salman also attended the 2018 World Cup’s opening match between Saudi Arabia and Russia, which ended in a humiliating 0-5 loss for the Saudis.

“As for today’s meeting of our national teams – let the strongest win,” he told Putin before the match.

The Saudi prince said, though, “No matter how the match ends, we will still be satisfied, because we, thanks to our joint work, are making progress in various areas. Even if we lose, we will bring political, economic negotiating capital to our country. If we win, it will add to our achievements.”

Saudi Arabia signed a contract during Saudi King Salman’s five-day visit to Moscow last year to buy Russia’s state-of-the-art S-400 anti-aircraft missile system. Saudi Arabia’s envoy to Moscow said earlier in the year that the related talks were advancing well.

The country’s US-made Patriot systems have reportedly failed on many occasions in the face of retaliatory missiles from Yemen, which the kingdom and its allies have been attacking since 2015.

Saudi Arabia and Russia back opposing sides in the Syria conflict.

Russia has been helping the Syrian army against militancy and terrorism, while Saudi Arabia is accused of ideologically supporting, funding, and arming the terrorists fighting against the Syrian government.


About the Author

- Arraale Mohamoud Jama Freelance Journalist and Human Rights Activist Arraale, is a 20 year experience as a professional Journalist and human rights activist Over the years, worked for the major News Papers in Somaliland as a reporter, editor and contributor. 2008 established website Araweelo News Network, he currently runs a web site based in Somaliland. who is the specializes in the investigation and reporting on issues relating to human rights, democracy, and good governance. contact: Send an SMS or MMS to + 252 63 442 5380 WhatsApp + 252 65 910 7347.

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