UAE, Russia in Talks Over LNG Projects

UAE, Russia in Talks Over LNG Projects

UAE Minister of State and CEO of Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber has discussed with the Russian Minister of Energy Alexander Novak cooperation in liquefied natural gas (LNG) projects, Reuters reported.

“ADNOC is open to exploring partnership and co-investment opportunities with Russian energy companies across the full value chain where they make economic sense and drive significant returns for both sides,” Al Jaber said in a statement following his visit to Moscow on July 10, according to the National.

“As we respond to the evolving energy landscape, driven by growing demand particularly in Asia, Adnoc is forging ties with new partners from around the world, who share our creative vision and are prepared to put skin in the game through capital, technology, and market access,” he added.


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