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[ltr]Saudi monarch starts visit to Russia on Thursday[/ltr]
From 2017-10-02 at 20:31 (Baghdad time)
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[ltr]Saudi Arabia's King Abdullah will start a visit to Russia on Thursday at the invitation of Russian President Vladimir Putin, the Saudi Press Agency reported.[/ltr]
[ltr]Russian Energy Minister Alexander Novak said Monday that during the visit, the two countries planned to launch a $ 1 billion fund to invest in energy projects as part of efforts by two of the world's biggest oil producers to expand their cooperation.[/ltr]
[ltr]"During the visit, bilateral relations and means of strengthening them will be discussed in many areas of cooperation as well as regional and international issues of common concern," the agency said. The agency gave no further details.[/ltr]
[ltr]The kingdom, Opec's biggest oil producer, has worked with Russia to forge an agreement between OPEC members and outside producers to cut oil production by 1.8 million bpd from January in a bid to boost crude prices.[/ltr]
[ltr]is over[/ltr]
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[/ltr]
From 2017-10-02 at 20:31 (Baghdad time)
[ltr]
[/ltr][ltr]Follow - Mawazine News[/ltr]
[ltr]Saudi Arabia's King Abdullah will start a visit to Russia on Thursday at the invitation of Russian President Vladimir Putin, the Saudi Press Agency reported.[/ltr]
[ltr]Russian Energy Minister Alexander Novak said Monday that during the visit, the two countries planned to launch a $ 1 billion fund to invest in energy projects as part of efforts by two of the world's biggest oil producers to expand their cooperation.[/ltr]
[ltr]"During the visit, bilateral relations and means of strengthening them will be discussed in many areas of cooperation as well as regional and international issues of common concern," the agency said. The agency gave no further details.[/ltr]
[ltr]The kingdom, Opec's biggest oil producer, has worked with Russia to forge an agreement between OPEC members and outside producers to cut oil production by 1.8 million bpd from January in a bid to boost crude prices.[/ltr]
[ltr]is over[/ltr]
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