Gulf weekly: Putin visits, Aramco postpones, Divided Zone restart nears
GULF COUNTRIES
- Report
20 Oct 2019
by Rory Fyfe and Justin Alexander
Global attention was focused on the Turkish invasion of Northern Syria, where the US has negotiated a temporary ceasefire but Russia may have a bigger role in determining the longterm term outcome. By chance this happened in a week when Putin was visiting Saudi and the UAE, both of which are deepening commercial ties with Russia. Meanwhile, Amarco delayed its IPO, the Saudi-Kuwait Divided Zone is edging towards a restart in oil production, Oman was affirmed by S&P and Qatar approved labour reforms.
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