Moscow, Riyadh agree to explore Saudi Aramco taking part in Novatek LNG project
11/13/2017
MOSCOW (Reuters) — Russia and Saudi Arabia have agreed to study the possibility of national oil company Saudi Aramco taking part in Novatek’s Arctic LNG 2 project, RIA news agency reported on Monday.
Aramco Chief Executive Amin Nasser had said last month that the company was discussing several investment opportunities with Russian firms but there were no current plans to take a stake in Novatek’s project.
Reporting by Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Vladimir Soldatkin
Sign up to Receive Our Newsletter
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- Trinity Gas Storage reaches FID on Phase II expansion
Comments