Saudi Aramco plans expansion in India with new unit

Saudi Aramco plans expansion in India with new unit

Saudi Aramco plans expansion in India with new unit

According to the publication, Saudi Arabia does not plan to sign the deal to acquire S-400 missile systems from Russian Federation during King Salman's visit to Moscow.

Asked about ties with Riyadh during a panel discussion at an global energy conference Wednesday, Putin responded that Moscow doesn't see close US-Saudi relations as an obstacle for closer cooperation with the Saudis, and added that alliances tend to shift.

King Salman of Saudi Arabia, OPEC's biggest producer, is due to meet Putin on Thursday.

The two countries also agreed on the production in Saudi Arabia of the Kalashnikov automatic rifle and its ammunition as well as educational and training programmes for Saudi nationals.

"We are certain that further strengthening of relations will have a positive effect on strengthening stability and security in the world", his Saudi counterpart Jubeir stressed.

Oil traded near $50/bbl in NY as traders weighed a flood of USA crude exports against the possibility of extended production cuts by OPEC and Russian Federation. The group's current agreement expires at the end of next March, and as yet there's no decision on extending or deepening the cuts.

Discussion of Syria is likely to focus on what the country will look like once Daesh is defeated, Assad's future, what peace talks between Saudi-backed opposition activists and Damascus can achieve and the creation of new de-escalation zones. Once they sign the expected deals, Putin will host a state dinner for Salman. On his journey into central Moscow from Vnukovo airport late on Wednesday, King Salman's limousine passed billboards bearing his photograph and messages in Russian and Arabic welcoming him.

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The king is also set to met Prime Minister Dmitry Medvedev on Friday before leaving Russian Federation on Saturday.

"We will not be satisfied with what we have", he was quoted by Russian news agency Tass as saying.

The 2018 World Cup will be held at 12 venues in 11 Russian cities - Moscow, Saint Petersburg, Sochi, Kazan, Saransk, Kaliningrad, Volgograd, Rostov-on-Don, Nizhny Novgorod, Yekaterinburg and Samara. "Nobody knows with 100 per cent certainty as it's a closed country", Putin said, while addressing the 2017 International Forum on Energy Efficiency on Wednesday.

The two also diverge on Yemen, where a Saudi-led coalition military intervention in the country has killed more than 10,000 people since 2015, drawing criticism from Moscow and the global community.

The Saudi monarch's decision to visit Russian Federation, now of all times, marks a new shift in Riyadh's foreign policy, Vyacheslav Smirnov, director of the Scientific and Research Institute for Political Sociology, told Radio Sputnik.

Kremlin spokesman Dmitry Peskov said Moscow hoped the king's trip would breathe life into a relationship with huge potential and was interested in maintaining dialogue with Riyadh "about the Middle East and Syria in particular".

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