October 25, 2018 / 9:19 AM / a month ago

Saudi Arabia aims to acquire 30 pct of Novatek's Arctic LNG project - Energy minister

DUBAI, Oct 25 (Reuters) - Saudi Arabia “aims” to acquire 30 percent of Russia’s Novatek Arctic LNG project, Saudi Energy Minister Khalid al-Falih told Ekhbariya TV on Thursday.

He called it a “very ambitious project,” and the biggest example of cooperation between the Saudi private sector and Russian companies. (Reporting by Ali Abdelaty, Writing by Nafisa Eltahir; Editing by Susan Fenton)

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