Russia, Qatar agree on Yamal gas joint project

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Russia and Qatar have agreed to work together to develop the gas reserves of Russia’s Arctic Yamal peninsula, the two sides said in a joint statement yesterday.

“The parties have reached an agreement to further develop their cooperation through joint implementation of oil and gas projects in Qatar and Russia, including the integrated project of development of natural gas reserves of the Yamal peninsula, in third countries, as well as through scientific research”, said the statement, issued at a meeting of major gas producers.

The Deputy Prime Minister and Minister of Energy and Industry, H E Abdullah bin Hamad Al Attiyah, and Russian Energy Minister Sergey Shmatko signed the statement.END