Aramco, Novatek ink cooperation deal – Minister

Riyadh – Mubasher: Russia-based Novatek and Saudi Arabian Oil Co, known as Saudi Aramco, have signed a collaboration agreement, Russia's energy minister Alexander Novak said on Thursday.

Novatek is deemed the largest non-state natural gas producer in Russia.

The Middle Eastern oil giant and Novatek are discussing cooperation in liquified natural gas (LNG) project-2 in Russia's Arctic set to start production in 2022/2023, Novak added.

The Russian minister noted that an agreement may be signed between the two countries in the coming period.

Mubasher Contribution Time: 15-Feb-2018 11:02 (GMT)
Mubasher Last Update Time: 15-Feb-2018 11:37 (GMT)

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