{"id":959,"date":"2017-10-05T11:19:18","date_gmt":"2017-10-05T11:19:18","guid":{"rendered":"http:\/\/madaresharghi.com\/saudi-king-makes-historic-visit-to-russia-to-discuss-energy-deals\/"},"modified":"2017-10-05T11:19:18","modified_gmt":"2017-10-05T11:19:18","slug":"saudi-king-makes-historic-visit-to-russia-to-discuss-energy-deals","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/saudi-king-makes-historic-visit-to-russia-to-discuss-energy-deals\/","title":{"rendered":"Saudi king makes historic visit to Russia, to discuss energy deals"},"content":{"rendered":"

madaresharghi<\/a>
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Saudi Arabia and Russia are heavily dependent on oil exports and the global plunge of the price of crude that began in 2014 lashed both of their economies.<\/h2>\n<\/p>\n
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\n\tSaudi Arabia\u2019s King Salman, on the first official trip to Russia by a ruler of the oil-rich Sunni powerhouse, was set to meet President Vladimir Putin to discuss energy contracts despite discord over the Syrian conflict, Hindustantimes reported.<\/p>\n

\n\tWhile they are partners on the oil market, on the foreign policy front, Moscow and Riyadh are on opposite sides of the war in Syria, with Russia supporting President Bashar al-Assad while Saudi Arabia supports the opposition.<\/p>\n

\n\tSalman and Putin are expected to discuss major defence and energy contracts, as well as extending oil production cuts ahead of the OPEC oil cartel meeting in November.<\/p>\n

\n\tSaudi Arabia and Russia are heavily dependent on oil exports and the global plunge of the price of crude that began in 2014 lashed both of their economies.<\/p>\n

\n\tMembers of OPEC, of which Saudi Arabia is the biggest producer, have joined with non-member Russia and other countries in cutting crude output in a pact that has helped prop up prices.<\/p>\n

\n\tYesterday Putin said an extension of the OPEC deal was possible and could last \u201cat least to the end of 2018\u201d.<\/p>\n

\n\t\u201cRussian-Saudi contacts are important and their potential is rather great,\u201d Kremlin spokesman Dmitry Peskov told journalists.<\/p>\n

\n\t\u201cThe political will of Moscow and Riyadh for deeper cooperation on the widest range of issues is clear,\u201d he added.<\/p>\n

\n\tThe 81-year-old monarch\u2019s three-day visit got off to an awkward start on Wednesday evening after landing at Moscow\u2019s Vnukovo-2 airport when the escalator he uses to descend from his plane malfunctioned.<\/p>\n

\n\t\u00a0<\/p>\n

\n\t\u00a0<\/p>\n

\n\tThe escalator stopped midway, forcing the king to walk down himself, to be met by Russian officials including deputy prime minister Dmitry Rogozin and a military brass band.<\/p>\n

\n\tKing Salman arrived with a delegation of more than 1,000 people, reported Kommersant business daily. Kommersant also said Putin and Salman are due to discuss an arms deal worth more than $3 billion to supply Riyadh with S-400 air defence systems.<\/p>\n

\n\tRussian energy minister Alexander Novak told TASS news agency on Wednesday that Saudi Arabia is investing $1 billion into energy projects in Russia though he did not elaborate or specify whether these deals would be signed during the visit.<\/p>\n

\n\tThe Kremlin said ahead of the visit that Salman and Putin would also discuss \u201cthe situation in the Middle East and North Africa, especially focusing on conflict situations in the region\u201d.<\/p>\n

\n\tThe two diverge on both Syria – where more than 330,000 people have been killed since war erupted in 2011 – and Yemen, where a Saudi-led coalition has been bombing Huthi rebels since 2015, drawing criticism from Moscow.<\/p>\n

\n\tPutin visited Riyadh in 2007 and last met Salman in Turkey in 2015.<\/p>\n

\n\tThe Saudi king\u2019s Kremlin meeting with Putin was expected to begin at 1000 GMT, to be followed by a state dinner.<\/p>\n

\n\tThe countries\u2019 foreign ministers were set to meet later in the day. Russian foreign minister Sergei Lavrov hailed Salman\u2019s visit as \u201ctruly an epoch-making event in our relations\u201d in an interview published on Wednesday by the Saudi-owned newspaper Asharq al-Awsat.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

madaresharghi Saudi Arabia and Russia are heavily dependent on oil exports and the global plunge of the price of crude that began in 2014 lashed both of their economies. Saudi Arabia\u2019s King Salman, on the first official trip to Russia by a ruler of the oil-rich Sunni powerhouse, was set to meet President Vladimir Putin […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[639],"yoast_head":"\nSaudi king makes historic visit to Russia, to discuss energy deals - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/saudi-king-makes-historic-visit-to-russia-to-discuss-energy-deals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi king makes historic visit to Russia, to discuss energy deals - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi Saudi Arabia and Russia are heavily dependent on oil exports and the global plunge of the price of crude that began in 2014 lashed both of their economies. 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