Tuesday, 02 January 2024 12:17 GMT

Italy Prime Minister Visits Saudi Arabia, Qatar And UAE Amid Gulf Tensions And Energy Concerns


(MENAFN- Gulf Times) Italian Prime Minister Giorgia Meloni arrived in Saudi Arabia on Friday for a previously unannounced visit, with stops also planned in Qatar and the United Arab Emirates, as part of a two-day regional tour.

The visit aims to demonstrate support for Gulf partners amid ongoing Iranian attacks, while also addressing concerns over Italy's energy security and the stability of global oil and gas flows.

The trip marks the first visit by a European Union leader to Saudi Arabia since the escalation of conflict involving the United States and Israel in late February, as concerns grow in Rome over disruptions to critical energy supplies.

Prior to the crisis, around 10% of Italy's gas demand was met through Qatari LNG, while Middle Eastern oil accounted for approximately 12% of total imports. However, recent tensions and the near-closure of the Strait of Hormuz have led to supply disruptions, including a pause in LNG deliveries and the cancellation of multiple cargo shipments.

Italian officials are now looking to diversify supply sources, with LNG imports from the United States' Golden Pass facility expected to begin from June.

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Gulf Times

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