Russia, Saudi Arabia sign energy memorandum, agreement on power, climate
RIYADH. Nov 2 (Interfax) - Russia and Saudi Arabia have signed an agreement on power and the climate, an Interfax correspondent reported from the signing ceremony in Riyadh.
The two countries also signed a memorandum of understanding and cooperation in the energy sector.
The documents were signed by Russian Energy Minister Alexander Novak and Saudi Arabian Commerce and Investment Minister Majed Bin Abdullah Al Kassabi during a meeting of the Russian-Saudi Arabian intergovernmental commission.
During the meeting Novak noted that the nuclear sphere was one of the important areas of energy cooperation and understanding. In particular, Russia's state nuclear corporation Rosatom could participate in the construction of 16 nuclear units in Saudi Arabia. "An important component of our cooperation is the nuclear sector. And this means that Rosatom could take part in the creation of a nuclear cluster in Saudi Arabia, including the construction of 16 modern units," the minister said.