“We discussed with the head of the Russian Direct Investment Fund expanding the base of investment projects and making very large investments not only in the gas industry, but also in the petrochemical industry in Russia in the future, where there is ground for a promising future,” RIA Novosti quotes him.
According to him, Riyadh plans to send billions of dollars to the Russian economy, and in response, the Russian side will make investments in the Saudi economy.
In November, Russian Energy Minister Alexander Novak and al-Falih held a meeting on the margins of the G20 summit in Argentina.