Saudi Arabia previously signed in February 2019 several memorandums of understanding for an investment of US$21bn in various sectors of the Pakistani economy, including for the project of a deep conversion refinery and petrochemical complex with an investment of US$12bn.

Saudi Arabia is China's top crude supplier with most of the country's refineries designed to crack Middle East crudes.

Qatar is carrying out another expansion plan, North Field East, which will cost almost $30 billion and is set to send out its first shipments in 2026. Some supply agreements have already been finalized for that project, Kaabi said.

"The operation of TurkStream is now fully secured in the long term following the Dutch decision," foreign minister Peter Szijjarto was quoted as saying by Hungarian government spokesman Zoltan Kovacs.

The UAE has expressed support for the statement by the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia regarding reviewing the status of oil markets and reducing production, noting that the decision was collective and based on the vote of OPEC+.

Akkuyu is the first nuclear power plant under construction in Turkey and will eventually host four units of Russian-designed VVER-1200 reactors.

Стороны обсудили сотрудничество в сфере нефти, газа и электроэнергетики.

Мы активно работаем и в рамках «ОПЕК плюс». Знаю Вашу позицию, наши действия, наши решения не направлены против кого бы то ни было, мы не собираемся и не делаем так, чтобы создавать кому-то проблемы.

The OPEC+ alliance, co-chaired by Russia and Saudi Arabia, last week agreed to cut its production by 2 million barrels a day, the biggest reduction since 2020.

Iraq's Ministry of Oil has announced preliminary oil exports for September of 98,765,153 barrels, giving an average for the month of 3.292 million barrels per day (bpd), slightly up from the 3.286 million bpd exported in August.

Иран заинтересован в развитии сотрудничества в рамках Шанхайской организации сотрудничества, Евразийского экономического союза, а также БРИКС. Мы благодарны Российской Федерации за поддержку полноценного участия Ирана в ШОС и дальнейшего участия в БРИКС.

«Подготовка нового большого межгосударственного договора Российской Федерации и Исламской Республики Иран переходит в завершающую фазу. Этот документ выведет многоплановые отношения между нашими странами на уровень стратегического партнёрства», – отметил Александр Новак.

Страны – производители нефти приняли общее решение сократить добычу на 2 млн баррелей в сутки.

Adjust downward the overall production by 2 mb/d from the August 2022 required production levels, starting November 2022 for OPEC and non-OPEC Participating Countries

Russia currently forecasts a further drop in Urals oil price over the next three years – to $70.1/b in 2023, $67.5/b in 2024, and $65/b in 2025. Its 2022 forecast is $80/b.