News
24 October 2018

Saudi Arabia eyes $5bn investment in Russian Arctic LNG 2 project

In:
Oil & gas
Region:
Europe , Middle East & Africa

The Saudi Arabian Minister of Energy has confirmed that the Kingdom is interested in investing a possible $5 billion in the Novatek-led LNG 2 project on the Gydan Peninsula in Northern Siberia. Novatek is planning to sell up to 40% of the project to the foreign partners and...

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