First Published: 2016-11-07

Egypt gets no Saudi Aramco oil shipments for second month
Egypt’s oil ministry official says his country is buying from world market in November amid disagreements over Syria conflict.
Middle East Online

Saudi Arabia has provided Egypt with billions of dollars in aid and credit since Sisi overthrew Morsi in 2013

CAIRO - Egypt will buy from global oil markets in November after Saudi Aramco halted deliveries for a second month, an oil ministry official said on Monday.

The move by the Saudi oil giant came as the two countries disagreed over Syria's conflict, with Egypt edging closer to Russia, a key backer of President Bashar al-Assad's regime whom Riyadh opposes.

Egypt announced in October that it had invited tenders to meet its refined oil products needs after Aramco halted the delivery of 700,000 tonnes.

"In November we're buying from the world market," said the ministry official, adding they have not been informed when Aramco would resume shipments.

Saudi Arabia has provided Egypt with billions of dollars in aid and credit since President Abdel Fattah al-Sisi overthrew Islamist Mohamed Morsi in 2013 while army chief, and King Salman visited Cairo in April.

They had agreed during the visit to finance Egyptian imports from Aramco for five years in a $23-billion (21-billion-euro) deal.

The two governments have differences over the Syrian conflict and over Egypt's unwillingness to send ground troops to join a Saudi-led coalition fighting rebels in Yemen.

 

World leaders condemn Britain terror attack

UN-backed Syria talks restart in Geneva

10 Egyptian soldiers killed in Sinai roadside bombings

Erdogan warns Europeans risk being ‘unsafe’ on world’s streets

Saudi film festival launch postponed after sandstorm

Britain arrests eight as IS claims Westminster attack

Man attempts to drive into crowd of shoppers in Belgium’s Antwerp

Palestinian FA chief says ball in Israel's court

Israel arrests Jewish teen over anti-Semitic terror threats

An Egypt court is to reopen a corruption probe into Mubarak

Bahrain frees award-winning AFP photographer

Erdogan slams 'pressure' on Turks in Bulgaria ahead of vote

Israel policeman suspended after caught on video beating Palestinian

Turkey summons Russia envoy over soldier death in Syria

Bahrain sentences three to death for police bombings

EU summons Turkey envoy over 'safety' remarks

400,000 'trapped' in west Mosul's Old City

Qaeda, IS developing harder-to-detect bombs say experts

Terrorist attack at London’s Houses of Parliament

2016 saw sharp rise in illegal Israeli settlement projects

US-led coalition vows lasting victory against IS

Bahrain arrests photographer on unspecified charges

Humanitarian groups demand access to Yemen civilians suffering 'open-air massacre'

33 killed in US-led air strike on north Syria

Rights group says Libyan military committed war crimes

Israel seals East Jerusalem home of Palestinian attacker's family

Migrants in Europe at risk of drug-resistant tuberculosis

Iraqis urged to avoid hurried mass grave exhumations

Turkey steps up objection to US flight laptop ban

Britain joins US in banning laptops on flights from Turkey, Arab world

Anti-IS coalition gathers in Washington to hear Trump plan

Turkey links Gulen to murder of Armenian journalist

Kuwait bans hit movie ‘Beauty and the Beast’

Five dead in Mogadishu bombing

Khamenei fleshes out 'Made in Iran' vision

Turkey to ask US to reverse flight laptop ban

Israeli army says Hezbollah commander killed by own men

Kurds celebrate Newroz in Turkey's southeast despite shooting

Turkey’s AKP says no more campaign rallies in Germany

Chinese president calls for peace in meeting with Netanyahu

Iraq forces gain ground in Mosul

US bans electronic devices from cabins on Middle East flights

Erdogan says yes vote best response to 'fascist Europe'

Arab Israeli woman gets 50 months prison for joining IS

All Syria sides confirm attendance at Geneva talks