November 13, 2017 / 9:27 AM / a year ago

Moscow, Riyadh agree to explore Saudi Aramco taking part in Novatek LNG project: RIA

FILE PHOTO: Amin H. Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017. REUTERS/Shu Zhang

MOSCOW (Reuters) - Russia and Saudi Arabia have agreed to study the possibility of national oil company Saudi Aramco taking part in Novatek’s Arctic LNG 2 project, RIA news agency reported on Monday.

Aramco Chief Executive Amin Nasser had said last month that the company was discussing several investment opportunities with Russian firms but there were no current plans to take a stake in Novatek’s project.

Reporting by Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Vladimir Soldatkin

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