Source Pravda.Ru

Russia and Saudi Arabia discuss joint oil projects

Russia and Saudi Arabia discuss joint projects in oil-and-gas industry.

On Monday, Russian Energy Minister Igor Yusufov, who is on an official visit to Saudi Arabia now, announced in the interview with Ash-sharq Al-awsat newspaper that both sides actively discuss joint projects in Saudi Arabia, Russia and other countries, primarily in the CIS member countries.

The minister said that the main task nowadays is to create favorable conditions to implement those projects, namely - to sign an agreement on avoiding redundant taxation and promoting investments, and also a banking agreement according to the provisions established during the first meeting of the joint Russian-Saudi committee on trade and economic cooperation in Moscow at the end of 2002.

Yusufov also stated that the Russian Gazprom company could participate in exploration of Saudi gas deposits, and Saudi companies could in turn explore Russian oil fields.

When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked

US sanctions to kill Russian banks and sovereign debt?
Comments
Saudi Arabia: War with Iran unavoidable
Default more likely to hit American, rather than Russian economy
Default more likely to hit American, rather than Russian economy
Moscow aware of NATO's plans to attack Russia
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Ukraine wants to have the army of Nazi zombies
Ukraine wants to have the army of Nazi zombies
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
US sanctions to kill Russian banks and sovereign debt?
Most Russians do not notice absence of delicious foreign food products
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Default more likely to hit American, rather than Russian economy
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Who loses and wins most from Caspian Sea division
Default more likely to hit American, rather than Russian economy
The Sham called Democracy
Default more likely to hit American, rather than Russian economy
Melania Trump starstruck when shaking hands with Putin
Melania Trump starstruck when shaking hands with Putin