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Saudi Energy Minister, Top Chinese Official Stress Importance of Stable Long-Term Crude Supplies

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (AFP)
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (AFP)
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Saudi Energy Minister, Top Chinese Official Stress Importance of Stable Long-Term Crude Supplies

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (AFP)
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (AFP)

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman and the director of China's National Energy Administration Zhang Jianhua on Friday stressed the importance of stable long-term supplies to crude oil markets, the Saudi state news agency SPA reported.

The two agreed to continue cooperation efforts to maintain stability in oil markets, SPA said.

Earlier on Friday, Prince Abdulaziz said OPEC+ is doing the right job to ensure stable and sustainable oil markets.

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Gulf

Aoun Vows ‘New Foundations of Cooperation’ with Gulf after Formation of Govt in Lebanon

Lebanese President Joseph Aoun meets with Kuwaiti Foreign Minister Abdullah Ali al-Yahya at the presidential palace in Baabda on Friday. (Lebanese Presidency)
Lebanese President Joseph Aoun meets with Kuwaiti Foreign Minister Abdullah Ali al-Yahya at the presidential palace in Baabda on Friday. (Lebanese Presidency)
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Aoun Vows ‘New Foundations of Cooperation’ with Gulf after Formation of Govt in Lebanon

Lebanese President Joseph Aoun meets with Kuwaiti Foreign Minister Abdullah Ali al-Yahya at the presidential palace in Baabda on Friday. (Lebanese Presidency)
Lebanese President Joseph Aoun meets with Kuwaiti Foreign Minister Abdullah Ali al-Yahya at the presidential palace in Baabda on Friday. (Lebanese Presidency)

Lebanese President Joseph Aoun said on Friday that “new foundations of cooperation” with the Arab Gulf will be established after the formation of a new government.

He made his remarks after receiving Kuwaiti Foreign Minister Abdullah Ali al-Yahya at the presidential palace in Baabda. He later also received Gulf Cooperation Council Secretary-General Jassim Al-Budaiwi.

Their visits followed Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah who was in Beirut on Thursday. It was the first visit by a Saudi FM to Lebanon in 15 years.

Aoun underscored to the Kuwaiti FM that the unity of Arab countries is the basis for confronting current challenges, said the Lebanese Presidency.

“I am certain that you will be generous in offering aid to your brothers in Lebanon who are eager for your return here,” he added.

Al-Yahya told Aoun that his visit aimed to “show support and express the commitment to stand by Lebanon.”

Meanwhile, Al-Budaiwi underlined support to Lebanon and its sovereignty and non-interference in its internal affairs.