World needs access to Russian gas: Saudi Energy Minister

MOSCOW (Reuters) - The world needs access to Russian gas, which is among the cheapest on the planet, Saudi Energy Minister Khalid al-Falih said.

Source EWA: Russian Gas Production

 

Russian liquefied natural gas (LNG) could help Saudi Arabia to reduce the amount of oil liquids burnt in the kingdom, al-Falih said at the Russian Energy Week forum in Moscow.

He also said that state-run oil and gas company Saudi Aramco was in active talks with Russia’s independent gas producer Novatek about participating in the next phase of the Russian Yamal LNG project.

Source: EWA

 

Reporting by Dmitry Zhdannikov and Denis Pinchuk. Writing by Andrey Kuzmin; Editing by Susan Fenton

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