Russia: Saudi Energy Minister and Novak hail cooperation

Russian Energy Minister Alexander Novak stated that energy sector is a key direction in the development of cooperation between two countries at the meeting with his Saudi Arabian counterpart, in Moscow, Friday. Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia in turn said that he is «excited» about an «additional billion-dollar fund to be dedicated to... Еще energy services» in Russia. He went on to say that Russia plays a crucial role in «catalysing OPEC, non-OPEC agreement» which has «stabilised oil market» since both countries started cooperation. «I look forward to implementing the road map that we have signed today and continuing to elevate our relations to higher levels,» added Saudi Energy Minister.

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