Johnson visits Saudi Arabia and UAE to address energy prices

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Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS
Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS

London, March 15 British Prime Minister Boris Johnson will visit Saudi Arabia and the United Arab Emirates (UAE) on Wednesday to discuss the international response to Russia's invasion of Ukraine and discuss ways to reduce energy price volatility. Johnson will meet with Prince Mohamed bin Zayed and Saudi Mohamed bin Salman, Downing Street, the official office of the British Prime Minister, said in a statement. The British government announced last week that it would ban the import of Russian oil by the end of the year, which received a period of 9 months to find an alternative source of supply to replace crude oil, which accounts for 8% of the country's demand. Johnson is focusing on implementing “potential measures to increase oil production” and “diversifying the UK's energy supply” and “working with international partners to increase renewable energy,” the official spokesman explained. At a meeting with bin Zayed and bin Salman on Wednesday, the Prime Minister will address “efforts to improve energy security and reduce the volatility of energy and food prices.” An investment of £1 billion (1.9 billion euros) will be finalized by Saudi group Alfanar for a green fuel project for British aviation during a visit to Riyadh, the UK's third largest diesel supplier, Downing Street developed. Johnson said: “The cruel and unprovoked attacks triggered by President Putin (Russia, Vladimir) in Ukraine will have far-reaching consequences for the world far beyond European borders.” “The UK is building an international data alignment to address the new realities we face. The world must be freed from Russian hydrocarbons and starve Putin's oil and gas poisoning.” He added. The best gx/People's Republic of China