It seems that the relations that took an intimate character in the past years between the UAE and Saudi Arabia have begun to change and are heading towards a crisis, as the UAE criticized today, Sunday, an agreement being negotiated among the members of the “OPEC Plus” alliance on extending the current oil production cut agreement, and considered that the agreement “Unfair” demanded a review of production rates to accept it.
The UAE’s push to increase its basic production line led to the derailment of the meeting of the alliance of oil-producing countries last week, and the failure to reach an agreement, which jeopardizes the process of managing the energy market recovery after the Corona pandemic.
A statement published by the official Emirates News Agency (WAM), said, “Unfortunately, the ministerial committee in OPEC + offered only one option, which is to increase production, conditional on extending the current agreement to December 2022, which is an unfair agreement for the UAE in terms of the base point of reference for production quotas.”
Read also: A famous tweeter reveals: The UAE passed the news of its withdrawal from OPEC and then denied it for two main reasons.. What is the relationship with Saudi Arabia?
The statement continued, quoting the Ministry of Energy: “The current agreement continues until April 2022, and the UAE does not mind extending the agreement if necessary, but it requested a review of the base points ratios for the reduction reference to ensure fair quotas for all members upon extension.”
Last Friday’s talks included a meeting between the 13 OPEC members led by Saudi Arabia, followed by a technical meeting and discussion among the 23 OPEC Plus members. The broader group includes Russia, the second largest oil producer in the world.
The Russian-Saudi deal
Analysts from “Deutsche Bank” said that the discussions were complicated by the UAE’s last-minute objection to the Russian-Saudi deal that was reached earlier, which is the extension until the end of 2022.
The UAE insisted on raising the main production line by 0.6 million barrels per day to 3.8 million barrels.
Emirates Airlines suspends flights to and from Saudi Arabia
Emirates Airlines decided to suspend all passenger flights to and from the Kingdom of Saudi Arabia until further notice, starting today, Sunday, according to the Emirati newspaper, Al Bayan.
The company said, in a press statement, that the suspension decision, which will take effect from today, Sunday, July 4, 2021, at 23:00 local time, came in accordance with the instructions of the Saudi General Civil Aviation Authority.
And it indicated that “passengers who arrive in Saudi Arabia as their final destination on or after July 5, 2021, will not be accepted for travel at their original point of departure.”
Emirates Airlines and rebooking options
The statement indicated that the last Emirates Airlines flights to and from Saudi Arabia on today were as follows:
“Dubai, Jeddah, Dubai – EK2805/EK2806, Dubai, Riyadh, Dubai – EK2817 / EK 2818, Dubai, Dammam, Dubai – EK2821 / EK2822”.
The statement also revealed that, according to Emirates Airlines, “affected customers should contact their travel agent or Emirates call center to obtain rebooking options.”
While “for canceled reservations, the company provides two options for customers, which are to keep the ticket for a future trip, or rebook the trip on another date.”
Earlier, Saudi Airlines announced that it is working to increase the seat capacity of flights from the Emirates to the Kingdom on Saturday and Sunday, calling on all customers to follow developments through its official channels.
The media center of Saudi Airlines said in a tweet via Twitter: “Saudi Airlines would like to inform its valued guests that work is underway to increase the seating capacity of flights from the sisterly Emirates to the Kingdom today and tomorrow.”
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