Every Thursday, we bring you the latest GCC updates. Here's what happened in Week 194.
On 3 March 2021, Qatar Petroleum loaded approximately 712,000 barrels of condensate on the vessel Abu Dhabi III, owned by the Abu Dhabi National Oil Company, that was bound for the Emirates National Oil Company (ENOC). This is the first 'commercial energy trade' since the blockade on Qatar that started on 5 June 2017 and ended on 5 January 2021, based on a report by Kpler and S&P Global.
The condensate was loaded at the Ras Laffan Terminal and unloaded at the Dubai ENOC condensate refinery on 5 March 2021.
Despite the blockade that lasted over three and a half years, Qatar never stopped its gas flow to the UAE.
H.E. Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani met on Monday with H.H. Minister of Foreign Affairs of the Kingdom of Saudi Arabia Prince Faisal bin Farhan bin Abdullah Al Saud, who is currently visiting the country, according to QNA.
This visit comes after the Al-Ula summit in the Kingdom of Saudi Arabia, as an affirmation of the strong fraternal relations between the two countries as well as the strong and sincere desire of the leadership to strengthen Gulf and Arab unity and develop the process of cooperation in a way that enhances security and peace in the whole region.
During the meeting, they reviewed bilateral cooperation relations between the two countries and strengthening the progress of the Gulf Cooperation Council, in addition to the latest developments in the region.
His Highness (H.H.) the Amir Sheikh Tamim bin Hamad Al-Thani has received a verbal message from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the Kingdom of Saudi Arabia, pertaining to the deep fraternal relations between the two brotherly countries and ways of enhancing them, in addition to the most prominent regional and international developments. The message was conveyed by H.H. Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah Al Saud, during a meeting with H.H. the Amir at the Amiri Diwan office on Monday morning, according to QNA.
Summarised from: Kpler and S&P Global; QNA
Cover image credit: Shutterstock
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