Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

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”.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Thieves Steal Antonello da Messina Renaissance Masterpieces From Sicilian Museum
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Russia’s A7 Builds a State-Linked Payments Network Beyond Western Sanctions
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Danube Drought Exposes Nazi Wrecks and Pushes Central Europe’s Power System to the Brink
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
UK Drought Cuts Harvests and Raises Food-Security Fears
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Senate Scrutinises AI-Driven Personalised Pricing
Spain Seeks Mainland Transfers for 1,100 Children Stranded in Ceuta
Spain and Morocco Trade Blame After 72,000 Migrants Enter Ceuta
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
Europe’s Heat and Drought Are Now Disrupting Power, Shipping and Tourism
Europe’s Drying Rivers Trigger Power Cuts, Factory Shutdowns and Wildfire Emergencies
Record-Low Danube Forces Nuclear Cuts and Emergency Power Curbs
Danube Drought Forces Hungary’s Paks Nuclear Plant Into Full Shutdown
Ceuta Death Toll Rises as Spain and Europe Clash Over Border Response
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Massive Wildfires Ravage Southern Europe: Fatalities in Greece and Evacuations Across France, Spain, and Turkey
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
×