Russia’s Novatek, Saudi Aramco Sign Memo On Cooperation – Minister

Russia’s Novatek, Saudi Aramco Sign Memo On Cooperation – Minister

Russia’s largest non-state natural gas producer Novatek and Saudi Aramco have signed a memorandum on cooperation, Russian Energy Minister Alexander Novak said on Thursday.

He also said that Novatek and Saudi Aramco have been in discussion over Arctic LNG-2 project, which aims to start producing liquefied natural gas in 2022-2023, and that an agreement could be signed later this year. Read More…

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