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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSaudis offer Russia secret oil deal if it drops Syria
By Ambrose Evans-Pritchard
12:00PM BST 27 Aug 2013
The revelations come amid high tension in the Middle East, with US, British, and French warship poised for missile strikes in Syria. Iran has threatened to retaliate.
The strategic jitters pushed Brent crude prices to a five-month high of $112 a barrel. We are only one incident away from a serious oil spike. The market is a lot tighter than people think, said Chris Skrebowski, editor of Petroleum Review.
Leaked transcripts of a closed-door meeting between Russias Vladimir Putin and Saudi Prince Bandar bin Sultan shed an extraordinary light on the hard-nosed Realpolitik of the two sides.
Prince Bandar, head of Saudi intelligence, allegedly confronted the Kremlin with a mix of inducements and threats in a bid to break the deadlock over Syria. Let us examine how to put together a unified Russian-Saudi strategy on the subject of oil. The aim is to agree on the price of oil and production quantities that keep the price stable in global oil markets, he said at the four-hour meeting with Mr Putin. They met at Mr Putins dacha outside Moscow three weeks ago.
We understand Russias great interest in the oil and gas in the Mediterranean from Israel to Cyprus. And we understand the importance of the Russian gas pipeline to Europe. We are not interested in competing with that. We can cooperate in this area, he said, purporting to speak with the full backing of the US.
more
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/10266957/Saudis-offer-Russia-secret-oil-deal-if-it-drops-Syria.html
leveymg
(36,418 posts)Arctic Dave
(13,812 posts)Talk about a total BS story.
If anything he is telling Russia what the Saudi's are doing to keep their own interest going. The Saudi's have to keep oil prices high and stable or else their country collapses. That and fracking in the US profitable enough to keep that jobs program going or else the US economy goes under.
Catherina
(35,568 posts)I just posted this in an LBN thread.
RT reported this on August 07 ( [link: http://rt.com/news/bandar-putin-assad-saudi-188/|Saudi Arabia dangles lucrative arms deal in front of Russia in exchange for dropping Assad])
Our little neocon friend Prince Bandar told Putin he as making that offer the full backing of the US since the US hadn't been able to get Russia to budge at the Security Council.
From AFP: Moscow rejects Saudi offer to drop Assad for arms deal
"Every two years, Bandar bin Sultan meets his Russian counterparts, but this time, he wanted to meet the head of state," said a European diplomat who shuttles between Beirut and Damascus.
"During the meeting at the Kremlin, the Saudi official explained to his interlocutor that Riyadh is ready to help Moscow play a bigger role in the Middle East at a time when the United States is disengaging from the region".
This is where it gets funny
The Saudi prince also reassured Putin that "whatever regime comes after" Assad, it will be "completely" in the Saudis' hands and will not sign any agreement allowing any Gulf country to transport its gas across Syria to Europe and compete with Russian gas exports, the diplomat said.
This is where it gets obscene
In 2009, Assad refused to sign an agreement with Qatar for an overland pipeline running from the Gulf to Europe via Syria to protect the interests of its Russian ally, which is Europe's top supplied of natural gas.
An Arab diplomat with contacts in Moscow said: "President Putin listened politely to his interlocutor and let him know that his country would not change its strategy."
"Bandar bin Sultan then let the Russians know that the only option left in Syria was military and that they should forget about Geneva because the opposition would not attend."
This is where it gets even more obscene. From our *allies* of the 9-11 mess:
Putin thanked King Abdullah for his greetings and Bandar for his exposition, but then he said to Bandar, We know that you have supported the Chechen terrorist groups for a decade. And that support, which you have frankly talked about just now, is completely incompatible with the common objectives of fighting global terrorism that you mentioned. We are interested in developing friendly relations according to clear and strong principles.
Bandar said that the matter is not limited to the kingdom and that some countries have overstepped the roles drawn for them, such as Qatar and Turkey. He added, We said so directly to the Qataris and to the Turks. We rejected their unlimited support to the Muslim Brotherhood in Egypt and elsewhere. The Turks role today has become similar to Pakistans role in the Afghan war. We do not favor extremist religious regimes, and we wish to establish moderate regimes in the region. It is worthwhile to pay attention to and to follow up on Egypts experience. We will continue to support the [Egyptian] army, and we will support Defense Minister Gen. Abdel Fattah al-Sisi because he is keen on having good relations with us and with you. And we suggest to you to be in contact with him, to support him and to give all the conditions for the success of this experiment. We are ready to hold arms deals with you in exchange for supporting these regimes, especially Egypt.
...
Putin: Our stance on Assad will not change
Regarding the Syrian issue, the Russian president responded to Bandar, saying, Our stance on Assad will never change. We believe that the Syrian regime is the best speaker on behalf of the Syrian people, and not those liver eaters. During the Geneva I Conference, we agreed with the Americans on a package of understandings, and they agreed that the Syrian regime will be part of any settlement. Later on, they decided to renege on Geneva I. In all meetings of Russian and American experts, we reiterated our position.
....
Read more: http://www.al-monitor.com/pulse/politics/2013/08/saudi-russia-putin-bandar-meeting-syria-egypt.html
The Russian articles have even more details but that's the basic gist of that massive obscenity.
KamaAina
(78,249 posts)The Torygraph itself is just barely acceptable as a source for DU.