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Reuters
Reuters
Business
Aziz El Yaakoubi

Russia's Lavrov to meet with GCC ministers in Riyadh on Wednesday -officials

FILE PHOTO: Russian Foreign Minister Sergei Lavrov delivers a speech at a Russian society Znanie (Knowledge) event in Moscow, Russia May 17, 2022. Russian Foreign Ministry/Handout via REUTERS

Russian Foreign Minister Sergei Lavrov will visit Saudi Arabia on Wednesday where he will meet with foreign ministers of the Gulf Cooperation Council countries (GCC), two Gulf officials said on Tuesday.

Lavrov is expected to meet with ministers of Saudi Arabia, the United Arab Emirates, Oman, Kuwait, Bahrain and Qatar in the GCC headquarters in Riyadh, said the officials, asking not to be named.

It was unclear what the meeting will focus on, but the officials said the six Gulf ministers will also hold an online meeting with Ukraine's foreign minister, Dmytro Kuleba, later on Wednesday. They declined to give details.

Lavrov's visit will take place one day before an OPEC+ meeting in Vienna, with the group set to stick to an oil production deal agreed last year and raise July output targets by 432,000 barrels per day.

Saudi Arabia and other OPEC members, which have the OPEC+ alliance with Russia, have come under intense pressure from the West to increase oil production and cool red-hot prices amid the Russian invasion of Ukraine.

Saudi Arabia has so far resisted such pressure, arguing high oil prices were caused by geopolitics, stretched refining capacities, and higher taxes in the Western world rather than supply concerns.

But the West is not giving up. U.S. President Joe Biden and his team have been considering making a stop in Saudi Arabia as well as Israel after he travels to summits in Germany and Spain in late June, sources said earlier this month.

Two senior U.S. officials, Brett McGurk, Biden’s top White House adviser on the Middle East, and Amos Hochstein, the State Department’s energy envoy, visited Saudi Arabia last week. The two officials discussed Iran, global energy supplies and other regional issues with Saudi officials but did not ask for an increase in Saudi oil exports, the White House said.

(Reporting by Aziz El Yaakoubi; Editing by Leslie Adler)

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