Buy our gas, save your oil, Vladimir Putin tells Saudi Arabia

| Dec 8, 2017, 21:36 IST

Highlights

  • Putin had said that Russia was capable of occupying a worthy niche in the global market for liquefied natural gas.
  • "Buy our gas and you'll save oil," Putin told Falih to which the latter replied "That's why I'm here."
MOSCOW: Russian President Vladimir Putin offered Saudi energy minister Khalid al-Falih to buy Russian liquefied natural gas (LNG) in order to spare Saudi Arabia's oil, the Interfax news agency reported him as saying on Friday.

"Buy our gas and you'll save oil," Putin told Falih after having given the order to start loading the first gas tanker with liquefied natural gas at the Novatek-led Yamal LNG project in the Arctic.


"That's why I'm here," Falih replied.


Putin had said that Russia was capable of occupying a worthy niche in the global market for liquefied natural gas (LNG) and should do just that.


Putin also said that LNG export projects must not lead to a reduction in the volume of gas Russia exports via pipelines.


He was speaking after having given the order to start loading the first gas tanker with LNG at the Novatek-led Yamal LNG project in the Arctic, which will further expand the Kremlin's global energy reach.

Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.

From around the web

Doctors: 1 simple trick removes wrinkles(do this tonight)

Collagen

Ready to Move in 3BHK Apts. near Siruseri IT

Provident

20 Stars Who Married UGLY Spouses

WikiPuppet

More from The Times of India

TTK Prestige launches India's first electric domestic mop

Shashi Kapoor’s last family picture goes viral

Gorakhpur: Muslim woman emerges winner in CM Yogi's bastion

From the Web

More From The Times of India