Del Pino is still trying to find who is.
As prospects for the first deal between OPEC and non-OPEC in 15
years faded on Sunday due to last-minute demands from Saudi Arabia,
ministers gathered in Qatar appealed to Naimi to save the agreement,
Del Pino said.
"Unfortunately, the people representing the Saudis at the meeting
didn't have any authority at all," Del Pino told reporters in Moscow
on Monday, a day after Saudi Arabia's demand that arch-rival Iran
sign on ruined a widely expected agreement to freeze output.
"Even Naimi didn't have the authority to change anything. The Saudis
said, 'we have new papers and either you approve them or we don't
agree'," Del Pino said. "It was a purely political decision... Oman,
Iraq, everyone was disappointed and one minister told me it was his
worst-ever meeting."
OPEC member Venezuela, one of the hardest hit by the latest oil
price collapse, has had a tense relationship with the cartel's de
facto leader Riyadh for decades.
But Del Pino's frustration is being echoed inside and outside the
Organization of the Petroleum Exporting Countries since Deputy Crown
Prince Mohammed bin Salman became the kingdom's top oil official
last year.
Few Saudi or OPEC watchers have doubts that the 31-year-old Prince
Mohammed is ultimately in charge of oil policy at the world's
largest oil exporter. He is also in charge of defense and economic
reform.
But after decades of hearing mostly one technocrat reliably
articulate that policy to the outside world -- Naimi -- a
proliferation of voices is causing more confusion than clarity, they
say.
Besides Prince Mohammed, the second in line to the throne, those
voices also include Naimi's deputy and an older half-brother of the
deputy crown prince, Prince Abdulaziz, as well as state oil giant
Saudi Aramco's chairman Khalid al-Falih.
Added to those is the persistent presence of Naimi himself, despite
rumors that the 81-year-old would soon be allowed to retire.
U-TURN
Saudi policies have never been easy to read, but the
unpredictability has risen steeply in recent months, Saudi watchers
said. That is particularly unwelcome given the worsening relations
between Riyadh and Tehran, which are fighting proxy wars in Syria
and Yemen.
Gulf OPEC sources said that although the Saudis' Gulf allies quickly
came into line behind Naimi during the meeting on Sunday, his
decision came as a complete surprise to them. The kingdom usually
consults with Kuwait, the UAE and Qatar.
[to top of second column] |
A senior source familiar with discussions said he thought Naimi
himself was not aware of the change in plan until late in the game.
"I think it was a last-minute decision, otherwise Naimi would not
have come," the source said. "Naimi flew to Doha with an intention
to close a deal and when he arrived in Doha, he got another
instruction not to do it."
Up until Saturday, Prince Abdulaziz was assuring everyone privately
that there would be a deal, sources close to the discussions said.
Qatari officials were also telling participants that the Emir of
Qatar, Sheikh Tamim bin Hamad al-Thani, had clinched Prince
Mohammed's agreement that there would be a deal no matter whether
Iran took part or not, the sources said.
For Russia, which also meant to join the global freeze deal, the
change in the Saudi position was a huge surprise because the Kremlin
had thought it had cut the deal with almost everyone who matters in
Saudi Arabia, Russian sources said.
Russian oil minister Alexander Novak was so confident in the deal's
success on Sunday that he was the last minister to arrive, having
spent most of Saturday playing for the Russian government's soccer
team against Italy.
"At the end of the day it didn't really matter who we were speaking
to, Naimi or Prince Mohammed. The Saudis just changed the policy,"
said a source close to Novak, who was at the Doha talks.
"Of course, we will continue talking to the Saudis. But it is so
difficult," the source said.
(Writing by Dmitry Zhdannikov; Editing by Sonya Hepinstall)
[© 2016 Thomson Reuters. All rights
reserved.] Copyright 2016 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed. |