12
SHARES
109
VIEWS

Russia Strikes Deal With Saudi

Akanimo Sampson

Akanimo Sampson

Russia’s Direct Investment Fund (RDIF) is hammering out a deal to supply pumping equipment to Saudi Aramco, CEO Kirill Dmitriev told Russian media outlets.

In an interview with Russia’s Rossiya 24 TV station, Dmitriev said that Saudi Aramco “is a very important partner” of the Russian sovereign wealth fund.

“Right now, we have finalised the main parameters of the Novomet deal to supply Russian-made pumping equipment to Saudi Aramco and other companies, and Saudi Aramco will become an investor in this project,” he said.

Adding, Dmitriev said that a number of potential investments for Saudi Aramco in Russia are currently being considered.

“There is a chance to attract billions of dollars from Saudi Aramco into Russia,” he said.
In an earlier interview with Russia’s state-run TASS news agency, Saudi energy minister Khalid Al-Falih said that Saudi Aramco and the kingdom’s Public Investment Fund are close to investing in drilling equipment manufacturer Novomet and in the Eurasia Drilling Company.

Our motto is: ‘We stand for the truth, irrespective of who tells it’. Driven by this philosophy, our aim has been to create a platform where every voice, every narrative – provided they are decently expressed –  is allowed expression. Our belief is that by promoting unfettered competition of ideas, the truth will eventually emerge. Obviously, doing this while resisting any temptation to be captured by any special interest or tendency makes survival as an online newspaper more challenging. This is why we will appreciate any support from our readers:

Bank details:

Account Name: The News Chronicle
Bank: UBA
Account No.: 1022603956 (Naira)

Domiciliary Account  – dollar-denominated:
Bank:  UBA
Account Number: 3002835294 ($)

Please email details of your bank transfer to: publisher@thenews-chronicle.com or send them by WhatsApp to: 07058078841

Professor Jideofor Adibe

Publisher

Leave a Reply

Your email address will not be published.

Related Posts

ADVERTISEMENT

What's New?

ADVERTISEMENT

Recommended