Saudi Arabia Looks to Enter Arctic LNG With Large Investment The world’s largest oil company Saudi Aramco aims to acquire large stake in Novatek’s Arctic LNG 2 project. Large Russian energy developments supported by China and now likely Saudi Arabia will continue to impact Norway.
Saudi Arabia Seeks Major Stake in Novatek’s Arctic LNG-2 Project Russia’s Arctic LNG endeavours continue to move ahead despite Western sanctions as Saudi Arabia looks to become a partner in Novatek’s Yamal LNG project.
OP-Ed: Moscow's Arctic revenge It appeared doomed to a slow neglect, but the Arctic region is actually opening new opportunities for energy expansion for Russia, targeting untapped markets like South East Asia and the far East.