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FINANCIAL NEWS
Aramco to invest in gas, LNG at global level
04 Jun 2017
(MENAFN) Saudi Minister of energy, industry and mineral resources has urged attendees of an economic forum in Russia to invest in research and development of petchems and renewable energy.
Accordingly, the minister proclaimed that OPEC and non-OPEC members in the reduction agreement will study the possibility of growing the reduction rates in their meeting in Nov.
Meanwhile, the forum speakers also emphasized that oil remain a key energy source in the long term and that it should not be looked as the sole pollution source.
Since its launch in 1997, the forum has become a pioneering global platform for representatives of the business community to meet the key economic issues facing Russia.
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MENAFN0406201700450000ID1095532758
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