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Russia and Saudi will expand cooperation in energy sector

Energy Minister Alexander Novak and Saudi Energy Minister Khalid al-Falih have agreed to expand cooperation.


Reuters 14 Jun 2018, 06:20 PM Russian Federation, Saudi Arabia
  • Earlier reported that European Union is seeking a date in early July to mediate talks between Russia and Ukraine over future gas transit. (Image Credit: Pixabay)

Russian Energy Minister Alexander Novak and Saudi Energy Minister Khalid al-Falih have agreed to expand cooperation in the oil and gas sector, Russia's ministry said in a statement after their meeting in Moscow.

Novak and Falih also agreed to work towards a comprehensive bilateral agreement.  

Earlier reported that European Union is seeking a date in early July to mediate talks between Russia and Ukraine over future gas transit to Europe once their contract expires in 2019, the EU's energy chief told Reuters on Thursday.

Russia's expansion of the Nord Stream 2 gas pipeline directly to Germany and the construction of the new Turkstream pipeline to Turkey has raised doubts about continued gas flows through Ukraine, the traditional route for supplies to Europe.


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