Global Markets

Russia and Saudi Arabia working on gas investment roadmap

Moscow and Riyadh are to work out a roadmap for joint investment in gas projects both inside and outside Russia.
By Staff reporter 14 November 2017 0 28374

Moscow and Riyadh are to work out a roadmap for joint investment in gas projects both inside and outside Russia, according to the minutes of the fifth meeting of the Russian-Saudi commission on trade, economic, scientific and technical cooperation.

The two countries will also study the possibility of joint investment in Africa and the Mediterranean region. The minutes also note Gazprom’s interest in studying opportunities for cooperation with Saudi Aramco in various areas, including investment, LNG projects, and the exploration, production, transport and storage of...