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Italy Prepares Coordination Plan to Assume 2021 G20 Presidency

Italy Prepares Coordination Plan to Assume 2021 G20 Presidency
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Italy Prepares Coordination Plan to Assume 2021 G20 Presidency

Italy Prepares Coordination Plan to Assume 2021 G20 Presidency

A spokesperson for the Italian government said on Sunday that his country has developed a plan for close coordination with the Kingdom of Saudi Arabia in preparation for its assumption of the rotating presidency of the G20 starting the beginning of 2021.

The spokesperson said that this new presidency would focus on strengthening the international response to the Covid-19 pandemic and address the resulting economic repercussions.

Political sources reported that coordination was ongoing between Rome and Riyadh to prepare a plan to be submitted to the G20 and the European Union aimed at strengthening the World Health Organization (WHO) and its role in facing global health emergencies in the future.

In his speech before the opening session of the summit, Italian Prime Minister Giuseppe Conte praised the efforts exerted by Saudi Arabia in seeking financial support to help developing and poor countries face the health crisis and its repercussions.

Emphasizing the need for further support, Conte said that innovative financing tools, mechanisms and an active engagement by the private sector were required to restore global economic growth.

He added that this crisis demonstrated the need for targeted investments to strengthen the international health system, improve the capacities to face environmental and social shocks, and put in place the necessary mechanisms to prevent future outbreaks from turning into economic crises.

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Gulf

Saudi Ambassador to Yemen Meets UN Special Envoy

Saudi Ambassador to Yemen Mohammed Al-Jaber met with United Nations Secretary-General’s Special Envoy for Yemen Hans Grundberg. (SPA)
Saudi Ambassador to Yemen Mohammed Al-Jaber met with United Nations Secretary-General’s Special Envoy for Yemen Hans Grundberg. (SPA)
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Saudi Ambassador to Yemen Meets UN Special Envoy

Saudi Ambassador to Yemen Mohammed Al-Jaber met with United Nations Secretary-General’s Special Envoy for Yemen Hans Grundberg. (SPA)
Saudi Ambassador to Yemen Mohammed Al-Jaber met with United Nations Secretary-General’s Special Envoy for Yemen Hans Grundberg. (SPA)

Saudi Ambassador to Yemen and General Supervisor of the Saudi Development and Reconstruction Program for Yemen (SDRPY), Mohammed Al-Jaber, met on Thursday with United Nations Secretary-General’s Special Envoy for Yemen, Hans Grundberg, the Saudi Press Agency reported on Friday.

During the meeting, they discussed the latest developments in the region and in Yemen, as well as joint efforts to address the issue of detainees, abductees, and prisoners.

They also highlighted the positive progress achieved in this humanitarian file.

Gulf

Saudi Arabia: Operational Activities Halted at Several Energy Facilities Due to Recent Attacks

The continuation of such attacks leads to reduced supply and slows recovery, the official source at the Ministry of Energy said. (Saudi Aramco)
The continuation of such attacks leads to reduced supply and slows recovery, the official source at the Ministry of Energy said. (Saudi Aramco)
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Saudi Arabia: Operational Activities Halted at Several Energy Facilities Due to Recent Attacks

The continuation of such attacks leads to reduced supply and slows recovery, the official source at the Ministry of Energy said. (Saudi Aramco)
The continuation of such attacks leads to reduced supply and slows recovery, the official source at the Ministry of Energy said. (Saudi Aramco)

An official source at the Ministry of Energy stated that important energy facilities in the Kingdom have recently been subjected to multiple attacks, including oil and gas production, transportation, and refining facilities, as well as petrochemical facilities and the electricity sector in Riyadh, the Eastern Province, and Yanbu Industrial City.

The attacks resulted in the death of one Saudi national from the industrial security personnel of the Saudi energy company, and the injury of seven other Saudis from the company’s personnel, in addition to the disruption of a number of operational activities at key facilities within the energy sector.

The attacks included one of the pumping stations on the East-West Pipeline, leading to a loss of approximately 700,000 barrels per day in throughput. The pipeline is considered the main route for supplying global markets at this stage.

The Manifa production facility was also targeted, resulting in a reduction of approximately 300,000 barrels per day from its production capacity.

Additionally, the Khurais facility had previously been targeted, leading to a reduction of 300,000 barrels per day from its production capacity, bringing the total reduction in the Kingdom’s production capacity to approximately 600,000 barrels per day.

The attacks also extended to major refining facilities, including SATORP in Jubail, Ras Tanura refinery, SAMREF refinery in Yanbu, and Riyadh refinery, directly affecting exports of refined products to global markets.

Processing facilities in Ju’aymah were also affected by fires, impacting exports of liquefied petroleum gas (LPG) and natural gas liquids.

The continuation of such attacks leads to reduced supply and slows recovery, affecting the security of supply for consuming countries and contributing to increased volatility in oil markets, the source said.

This has already negatively impacted the global economy, particularly with the depletion of a significant portion of operational and emergency inventories, which has affected the availability of supplies and limited the ability to respond to this supply shortfall, the source added.

Gulf

Saudi Foreign Minister Discusses Regional Developments with US, Spanish Counterparts

Saudi Arabia's Foreign Minister Prince Faisal bin Farhan bin Abdullah attends a press conference in Riyadh, Saudi Arabia, August 17, 2023. (Reuters)
Saudi Arabia's Foreign Minister Prince Faisal bin Farhan bin Abdullah attends a press conference in Riyadh, Saudi Arabia, August 17, 2023. (Reuters)
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Saudi Foreign Minister Discusses Regional Developments with US, Spanish Counterparts

Saudi Arabia's Foreign Minister Prince Faisal bin Farhan bin Abdullah attends a press conference in Riyadh, Saudi Arabia, August 17, 2023. (Reuters)
Saudi Arabia's Foreign Minister Prince Faisal bin Farhan bin Abdullah attends a press conference in Riyadh, Saudi Arabia, August 17, 2023. (Reuters)

Saudi Minister of Foreign Affairs Prince Faisal bin Abdullah held separate phone talks on Thursday with his US and Spanish counterparts, focusing on the latest developments in the region, the Saudi Press Agency reported on Thursday.

During his call with US Secretary of State Marco Rubio, the two officials discussed the latest regional developments in light of the US-Iran ceasefire agreement, as well as recent developments in Lebanon and ongoing efforts to address them.

With his Spanish counterpart, José Manuel Albares, the Saudi minister reviewed regional developments and their impact on security and stability, along with ongoing efforts to address them.