Oil producer Saudi Aramco’s Chief Executive Officer Amin Nasser said on
Friday that the company’s relationship with Russia will grow as the two
sides proceed with cooperation projects.
“Our ongoing strategic engagements and discussions with partners in
Russia are taking our relationship to new heights,” he said at a
groundbreaking ceremony for a new Saudi Aramco Research Center for
upstream technologies in Moscow.
The comments were reported in a company statement.
Russia’s RIA news agency earlier quoted Nasser as saying that he planned
to discuss the purchase of a stake in Novatek’s Arctic LNG-2 project
with Novatek’s boss in Moscow on Friday.
Research lower emission fuel
Saudi Aramco and China’s Tsinghua University, engine manufacturer FAWDE
and Shandong Chambroad Petrochemical Co. have agreed to start a research
program dedicated to fuel and engine optimisation, the Saudi oil
producer said in a statement on Friday.
“For the first time a major energy company, engine manufacturer,
petrochemicals company and a renowned university come together to
develop advanced fuel and engine technologies to reduce emissions,”
Aramco said in a statement published on its website.
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