Riyadh and Yamal can operate in the gas sector, says Russian Ambassador

© RIA Novosti / Evgeny to Odinakovymi in fotobanka LNG. Archival photoRiyadh and Yamal can operate in the gas sector, says Russian Ambassador© RIA Novosti / Evgeny to Odinakovymi the image Bank

Saudi Arabia could, in the format of public-private partnerships to cooperate with the Yamalo-Nenets Autonomous district in the gas sector, said Russian Ambassador to Saudi Arabia, Sergei Kozlov.

Sunday in Salekhard, a meeting was held by acting Governor of the YNAO Dmitry Artyukhov with the extraordinary and Plenipotentiary ambassadors of the Russian Federation.

«The Saudis now, as far as I know, are looking for an alternative for energy cooperation… there is a situation when there is the addition of several productive factors. Factor in the development of bilateral relations, the interest to develop its gas sector, unique opportunities here, in Russia, in particular, Yamal LNG,» said Kozlov in a meeting.

«I think now is the time to think about that in the form of public-private partnership to try to approach further stages of development of gas fields and infrastructure development on the Yamal Peninsula», — added the Ambassador.

According to him, Saudi Arabia has invested around $ 2 billion, while reserved for Russia about $ 10 billion.

«I think it definitely will be implemented,» — said the Ambassador’s suggestion Artyukhov, noting that planned for the near future with Saudi Arabia, the project will be the «first-born» and can «pull» and other projects.

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