UAE to send fuel to France to replace Russian gas

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French President Emmanuel Macron and his wife Brigitte Macron welcome UAE President Sheikh Mohamed bin Zayed Al-Nahyan as he arrives for a meeting at the Elysee Palace in Paris. (Reuters)
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French President Emmanuel Macron welcomes UAE President Sheikh Mohamed bin Zayed Al-Nahyan as he arrives for a meeting at the Elysee Palace in Paris. (Reuters)
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French President Emmanuel Macron and his wife Brigitte Macron welcome UAE President Sheikh Mohamed bin Zayed Al-Nahyan as he arrives for a meeting at the Elysee Palace in Paris. (Reuters)
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French President Emmanuel Macron welcomes UAE President Sheikh Mohamed bin Zayed Al-Nahyan as he arrives for a meeting at the Elysee Palace in Paris. (Reuters)
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The red carpet is rolled out for the arrival of UAE President Sheikh Mohamed bin Zayed Al-Nahyan meeting at the Elysee Palace in Paris. (Reuters)
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Updated 19 July 2022
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UAE to send fuel to France to replace Russian gas

  • Move follows talks in Paris between Sheikh Mohamed bin Zayed Al-Nahyan and French President Emmanuel Macron
  • Sheikh Mohamed arrived in France on Monday in his first official foreign visit as president of the UAE

JEDDAH: The UAE offered on Monday to deliver diesel oil to France amid fears that Russia will block gas supplies to Europe in retaliation for Western sanctions over the invasion of Ukraine.

The new move followed talks in Paris between the UAE President, Sheikh Mohamed bin Zayed Al-Nahyan, and French President Emmanuel Macron.

“Collaboration across energy of all kinds is critical, and the UAE is committed to supporting energy security to all people, especially France,” Sheikh Mohammed said.

Sheikh Mohamed arrived in Paris on Monday for his first official visit outside the Gulf region since taking office in May.

He was received at the Élysée Palace in an official ceremony to meet Macron and discuss joint action in the fields of “future energy, climate change and advanced technology” and efforts to bolster regional security and stability, the state news agency WAM earlier said.

Officials from the two countries also signed a broader strategic agreement to cooperate in the energy sector. The partnership aimed to identify joint investment projects in France, the UAE or elsewhere in the sectors of hydrogen, renewable and nuclear energy, the French government said.

“In the currently uncertain energy context, this agreement will pave the way for a stable long-term framework for cooperation, opening the way for new industrial contracts,” it said.

UAE presidential diplomatic adviser Anwar Gargash said the country was “determined to remain a reliable partner and source of energy.” He said: “We have sold our oil to the Far East for 40 years, and now we are directing it toward Europe in this time of crisis.”

EU countries are braced for a Russian gas shutdown amid soaring energy prices, rampant inflation and a cost-of-living crisis in the 27-member bloc.

Russia has already cut off or reduced gas supplies to a dozen European countries. The giant Nord Stream 1 pipeline between Russia and Germany closed last week for maintenance and there are fears that flows will not restart.

Leaders have been scrambling to fill underground storage tanks to avert a winter energy crisis. Italian Prime Minister Mario Draghi is visiting Algeria, with deals to boost gas supplies from there to Italy expected to be signed on Tuesday.

Macron called last week for a faster shift toward offshore windfarms and more European cross-border energy cooperation “as we prepare ourselves for the scenario where we have to go without all Russian gas.”

Relations between the two countries date back to the establishment of the UAE Federation, as some French petroleum company, such as Total, were engaged in oil exploration in the UAE, and these relations were strengthened after the first visit of the late Sheikh Zayed bin Sultan Al-Nahyan to France in 1976.

France is one of the main foreign investors in the UAE. French direct investments in the UAE amounted to 2.5 billion euros by the end of 2020, while the UAE ranks 35th in the list of foreign investors in France.

Sheikh Mohamed’s decision to make his first official visit to France “is a conscious one that acknowledges the historic ties between the two nations but also the potential for even greater cooperation and growth with France,” Gargash said on Friday.

 


The Iran war has upended flights across the Middle East. Here’s what travelers should know

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The Iran war has upended flights across the Middle East. Here’s what travelers should know

NEW YORK: The US and Israel’s joint war in Iran has already upended travel across the Middle East, stranding tens of thousands of people. And the future is anything but certain.
Experts stress that flights scheduled in the coming days and weeks could continue to see disruptions — causing ripple effects globally, especially as the war widens with retaliatory strikes in the Gulf states. Beyond the Middle East, airports in the Gulf serve as critical hubs connecting travelers going to Europe, Africa and Asia.
Amid airspace closures across the region, many carriers have been forced to either cancel flights or shift to longer routes. That’s straining operating costs and ticket prices, both of which could become more expensive if airlines have to pay more for fuel the longer the war drags on. In the near future, experts recommend postponing unnecessary travel if possible, checking refund or insurance policies and, most importantly, monitoring safety adviseries.
“This is not a normal delay story. This is a conflict zone airspace story,” said Hassan Shahidi, president and CEO of the Flight Safety Foundation — stressing that halted traffic and guidance from carriers, airports and governments may shift each day, if not by the hour. “Travelers should absolutely expect uncertainty.”
Here’s what travelers should know about upcoming trips.
Monitor adviseries and other safety information
Since the US and Israel launched attacks over the weekend, retaliatory strikes and other developments have unfolded rapidly. Iran says hundreds of people have been killed in the country. For travelers across the region, experts stress the importance of following safety guidance and updates from government officials.
A handful of governments have also issued travel adviseries and emergency evacuation orders. The US State Department on Monday urged all US citizens to immediately leave Iran and Israel, as well as Qatar, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Oman, the Palestinian territories, Saudi Arabia, Syria, the United Arab Emirates and Yemen using any available commercial transportation — and Secretary of State Marco Rubio pleaded for the media to publicize ways to help Americans evacuate. Meanwhile, countries like China, Italy, France and Germany moved to organize evacuation efforts for their citizens.
Experts like Shahidi say travelers should monitor these travel adviseries from governments and embassies to make sure they have the latest information. And because so many people are still stranded amid swaths of cancelations and airspace closures, he added that it’s wise to reconsider or rebook upcoming trips, if possible.
“If travel is optional, consider postponing it,” Shahidi said. “But if it’s necessary, then make sure that you get refundable or changeable fares.”
Travelers should also monitor updates from airports and airlines. Long-haul carriers Etihad Airways and Emirates, based in Abu Dhabi and Dubai, along with Doha-based Qatar Airways all temporarily suspended certain routes — citing airspace closures and safety requirements.
Read the fine print of refunds and insurance
Many airlines are taking refund requests or offering free rebooking — but such options are often limited to specific dates or routes, so it’s important for travelers to check carriers’ individual websites for more information. For future trips, buying refundable tickets now may provide more flexibility.
Beyond what individual airlines can offer, some may also be seeking travel insurance. But it’s important to read the fine print, particularly the exclusions listed under specific policies.
“Acts of war and civil unrest are typically excluded because they’re unpredictable,” said Suzanne Morrow, CEO of travel insurance agency InsureMyTrip. Consumers could still buy coverage for delays, she added, but travel insurance is “designed to make you whole,” and if an airline does everything to rebook you or offers a refund, you may not have an added claim.
Christina Tunnah, of World Nomads Travel Insurance, reiterates that the majority of her firm’s policies excludes coverage for losses resulting from acts of war, although someone might be able to get compensation in certain scenarios — such as if they purchase a “cancel for any reason” plan. Still, the traveler would have to cancel within a certain time frame.
Tunnah adds that once an event is known, it’s unlikely to be covered. So if a consumer has not already purchased traveler insurance, many insurers may have added restrictions to impacted destinations.
Brace for longer flights and higher ticket prices
Beyond cancelations, many carriers are now taking longer routes to avoid closed airspace. Shahidi noted that includes not only closures stemming from this current war but also previous conflicts worldwide.
Navigating these different conflict zones has become increasingly difficult for airlines, because longer routes can be more expensive. It’s industry standard for carriers to pay “overflight fees” when flying through other countries’ airspace — which there could be more of now. And, of course, longer flights need more fuel.
“Those costs will be passed on to the passengers,” explained Bryan Terry, managing director at Alton Aviation Consultancy. If the conflict continues, he said, travelers should “anticipate that some carriers will likely impose fuel surcharges” or increase existing fees.
Passengers have already reported seeing sky-high ticket prices. Experts say those immediate hikes more likely reflect supply and demand as thousands of flights were canceled in recent days. But the costs of those longer routes — paired with oil prices that have already spiked since the US and Israel launched their attacks — could trickle down to consumers further ahead.
The price of crude oil is a key component for jet fuel, which accounted for about 30 percent of airlines’ operating costs as of 2024, according to research from the International Air Transport Association.
Many routes within the next week are completely sold out or have exorbitant prices for last remaining seats. The market currently shows those costs, while still elevated, are lower for trips booked further out, Terry notes — but, again, if the war drags on or worsens, “those conditions could change at a moment’s notice.”