Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.
Read More »Putin Wants Deliveries of more Arctic Gas to China
Gazprom controls 32 licenses in the region and resource estimates exceed 26 trillion cubic meters.
Read More »Russia Constructs Second Gas Pipeline to China
Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.
Read More »US Not Ruling Out Sanctions on Russia`s Rosneft over Venezuelan Oil Trade
Rosneft has responded to the US statement about possible sanctions due to oil purchases from Venezuela.
Read More »Novatek`s Greenlights $21 Billion Arctic LNG 2 Project
Earlier this year. Novatek agreed to sell a 20% stake in Arctic LNG 2 to China’s Cnooc Ltd.
Read More »Russia Ready to Invest $10bn in Iran Oil Sector
Negotiations on Russia’s involvement in Iran’s oil projects would begin soon.
Read More »Russia Close to Become a Dominant Player in Global LNG Market
The first production unit at Arctic 2 LNG will come online by the end of the third quarter of 2023.
Read More »Russia Looking at more Investment into Iranian Oil Production
Russia is ready to invest $10 bln in Iran’s oil and gas industry.
Read More »Private Companies may be Allowed to Develop Arctic Shale
Gazprom and Rosneft are developing large deposits on the Arcric shale at the moment.
Read More »EAEU-Iran Trade Deal to Take Effect on Oct. 26
Under an agreement signed between Iran and Russia. Moscow was set to allocate a one-billion-dollar loan to Tehran for construction of a 1400-megawatt power plant in southern Iran.
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