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The global panic: France is running towards the Emirates, the USA towards the Saudis, Italy towards Algiers…




Red carpet for the President of the United Arab Emirates, Mohamed ben Zayed al-Nahyan (MBZ), this Tuesday, July 19 in France. MBZ and the French Head of State, Emmanuel Macron, have an appointment today for a hearty business lunch. Then again in the evening with a State dinner in the idyllic space of the Grand Trianon, in Versailles, in the presence of a hundred handpicked guests. In May 2017, Russian President Vladimir Putin was welcomed with great fanfare to the same venue – Versailles – to talk about Syria and… Ukraine, and yes already. Times change but not necessarily the subjects…

The trip of the President of the Arab Emirates will be crowned by “the announcement of Emirati guarantees concerning the quantities of hydrocarbons (diesel only) supplied to France“, who “seeks to diversify its sources of supply in the context of the conflict in Ukraine“, said the Elysée Palace…

It should be noted that Emirati exports to France rose in 2019 to 1.5 billion euros, an unprecedented figure fueled almost entirely by refined petroleum products. But what the French need above all is diesel, which was not part of the trade. Things should change before MBZ leaves…

In addition, a strategic agreement on the energies of the future (hydrogen, renewable energies), contracts in transport and waste treatment are also on the agenda of Paris and Abu Dhabi for this Tuesday.

It will also be about “joint efforts“to consolidate”stability and securityin the Middle East, in particular the negotiations around the Iranian nuclear issue that the United States is on the verge of burying to please the Israelis and coax the Saudis they need to lower the tension on the world hydrocarbon market…

It’s currently on the run all over the world to ensure its rear. The war in Ukraine went through this. Energy is the key issue for Europeans who must find lasting solutions before winter, especially as Russia threatens to dry up the tap. French President Emmanuel Macron has clearly warned his fellow citizens. Admittedly, France is better off than its neighbors, thanks to its nuclear fleet, but oil remains a headache for the industry…

Germany, terrified by the threat to Russian gas supplies, already has a mega action plan with Qatar, but it won’t be enough. Africa, particularly Senegal, is one of the tracks. Spain trembles at the idea that Algeria will make it pay for its reversal in the Western Sahara file; Italy has taken out the checkbook to solidify its file in Algiers, and it seems to be on the right track…




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