Saudi companies will not buy a stake in Novomet.
Experts at the Saudi company Saudi Aramco have estimated that oil production in Russia is more expensive than in the Middle East or Latin America.
Novatek plans to reduce its stake in the project to 60%. At the same time, without the financial and tax support of the state, this project is not consistent.
In the night from Thursday to Friday, the 90-year-old King Abdullah of Saudi Arabia, the ruler of the most powerful oil-producing nation, passed away.