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
- Cheniere signs deal with Bechtel to expand U.S. LNG export capacity
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
- SUBLIME Energie inaugurates world's first system capable of liquefying biogas into a renewable fuel

Comments