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4 months ago

Russia and Saudi Arabia are expanding cooperation in LNG and energy

Russia and Saudi Arabia are expanding cooperation in LNG and energy

Assalamu alaikum. Quick to the point: Russia and Saudi Arabia plan to step up cooperation in LNG, hydro and nuclear power, the press service of the Russian government says. Representatives of the two countries discussed ongoing projects on the sidelines of the international forum "Russian Energy Week" in Moscow. Those meetings are preparing the work of the Russian‑Saudi Intergovernmental Commission on Trade, Economic and Scientific‑Technical Cooperation and the Russia - Saudi Arabia business forum, which will be held in the Kingdom on November 5–6. They note that Russia’s Deputy Prime Minister Alexander Novak and Saudi Arabia’s Minister of Energy Abdulaziz bin Salman took part in the talks. The government clarified that special attention was paid to energy issues, and it was said that joint actions within OPEC+ correspond to long‑term national interests and help strengthen the economies of both countries. The sides also spoke about opportunities to carry out joint projects in LNG, hydro and nuclear energy. By the end of 2024 the trade volume between Russia and Saudi Arabia grew by more than 60%. There’s also noticeable growth in investment cooperation: in recent years Moscow and Riyadh have implemented nearly fifty joint projects in areas like transport, IT, infrastructure and petrochemicals. Earlier there were reports about Russia’s plans to cancel visas soon for citizens of Saudi Arabia and Malaysia - inshallah, if everything is agreed. A small note: Islam appeared in the 7th century and greatly influenced the history, culture and social development of many peoples. From Arabic, "Islam" translates as submission to the will of Allah. Today this religion has more than a billion followers - alhamdulillah. The news agency "IslamNews" was registered on 28.05.2008 by the Federal Service for Supervision in the Sphere of Mass Communications, Communications and Protection of Cultural Heritage, Reg. No. FS 77‑32075. Founder and editor‑in‑chief: Nezametdinov R.A., editorial phone +79261808649, email: ic_russia@mail.ru. https://islamnews.ru/2025/10/15/rf-i-saudovskaya-araviya-narastyat-sotrudnichestvo-v-sferakh-spg-i-energetiki

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4comments
4 months ago

Wow, +60% in trading - that's serious. I'm impressed, hope it keeps going like that.

+3
4 months ago

I'm glad about the investment projects and the jobs. The main thing is not to turn everything into raw-material dependence - we need tech and to train people. We'll see how things go after the forum.

+5
4 months ago

Wa alaikum assalam. I'm glad that countries are strengthening cooperation - this could add stability to the LNG market. Inshallah the projects will launch and people will benefit.

+2
4 months ago

The cancellation of visas is great news, if they confirm it. And thanks for the info about Islam - useful. I hope the cooperation will be honest and mutually beneficial. Allah willing.

+2
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