The West asks the United Arab Emirates to increase oil supplies to Europe, and Qatar is to increase the supply of natural gas to Europe to mitigate the effect of Russian response sanctions.
Qatar refused Europe, since, at the moment they have no opportunity to help gas supplies. And according to the export of liquefied natural gas for 2020, Qatar held 1 place in the world, on the 2nd place - Australia, 3rd place - the United States, in 4th place - Russia.
Also, the UAE said that now Europe will not be able to help (no one can take the place of Russia in the supply of energy).
Assad visited the UAE.
Recently, the President of Syria arrived in the UAE. He met with Prince Abu Dhabi. They discussed ways to strengthen bilateral relations, as well as prospects for expanding trade and economic and investment cooperation.
The authorities of the UAE consider the mistake of the suspension of Syria's membership in the League of Arab States. And in the Arab world, everyone remembers what country Bashar Assad (President of Syria) remained in power. And immediately, we remember the flight of the United States from Afghanistan.
Refusal to conversation with the USA
How does the most important US ally in the Middle East -Sudov Arabia feel?
The power of the UAE and Abu Dhabi refused to respond to Joe Bayden phone calls. He wanted to ask them about increasing oil production to reduce prices in world markets.
At the same time, the UAE and Abu Dhabi talked with Russian President Vladimir Putin on March 1 and 3.
The situation further unfolds even more interesting. The largest exporter of oil in the USA - Saudi Arabia decided to supply oil to China for Yuan instead of the dollar.
Why did she go to this?
As you understand, after this event, trading in dollars becomes dangerous for both Abu Dhabi and Er-Riyadh. Dependence on suppliers from the Middle East in the United States gradually falls, which means that at some point they can stop protecting their partners in the Middle East (as they did with Afghanistan).
These facts will contribute to the further rapprochement of these countries with Russia.
Johnson visited Saudi Arabia
Also, the United Kingdom tried to influence Saudi Arabia. Boris Johnson visited the UAE and Saudi Arabia, the main goal of the trip is to increase oil and gas production in the Persian Gulf to stabilize energy markets.
Following the meeting, Johnson did not report whether he was achieved from Saudi Arabia promises to increase oil production for the kingdom or not. In general, in vain spent his time.
Oilman is underfunded
In addition to the fact that the OPEC + transaction works very well and no one wants to break the rules of this transaction, also there is still a factor that the oil industry is underfunded.
The largest investments were in the oil industry in 2014 - about $ 850 billion, in 2015 - decreased by 25%, in 2016 - decreased by another 24%, in 2020, investments in the oil industry in the world fell even more.
Accordingly, they began to smoke less and develop. And the investment cycle in the petroleum is long enough, so it is impossible to quickly increase production.
And now few are ready to invest in the petroleum, as, twisen in the green agenda. Therefore, replace petroleum companies from Russia in the near future will not work.
The United States has created a system of petrodollars, print dollars and buy natural resources from around the world. I hope that someday suppliers are united and change this current situation.
At the moment, about 80% of oil sales in the world nominated in dollars. And for Americans will be very sensitive if this percentage will gradually decrease.
Today, thanks for your attention!
Put your finger 👍 If the article was useful for you. Subscribe to the channel not to miss the following articles.