Tag Archives: Alexander Novak

The current gas transit agreement between Moscow and Kiev expires after Dec. 31.

Previous political trilateral talks took place on July 17. 2018. on January 21. 2019. and on September 19. 2019.

There were no talks underway to change the global output deal.

Saudi companies were considering investments in joint gas projects with Russia. as well as for the production of ethanol. used in the liquefaction of natural gas.

The relationship between Saudi Arabia and Russia brings an opportunity for ``perpetual stability`` in global oil markets.

Iranian Oil Minister Bijan Zangeneh said he would leave Tehran for Moscow later this week to attend the upcoming Gas Exporting Countries Forum (GECF) ministerial meeting and participate in the Russian Energy Week.

Senior Iranian and Russian officials in a meeting in Russia discussed bilateral relations. and underlined the need to establish an export terminal for exchanging agricultural products between the two countries.

Gazprom was planning to gradually move its Ukrainian transit quantities to the Turkish Stream and Nord Stream 2 pipelines.

There is enough oil in global stockpiles to replace barrels Saudi Arabia had temporary lost due to the attacks.

Iran’s Minister of Energy announced that the formalities for a €1.2-billion loan were exchanged between finance ministries of his country and Russia. adding that Tehran will use the money for constructing a major electricity project South of Iran.