“We, and Russian companies, are interested in implementing joint projects in the field of petrochemicals both on the territory of Saudi Arabia and on the territory of the Russian Federation,” RIA Novosti quotes him.

He noted that relations between the two states are developing very dynamically. 

“We have cooperation in the oil and gas sector and plans for joint work on the development of equipment and the localization of relevant equipment.

There is an investment Russian-Saudi fund, within which projects are financed mainly in the territory of the Russian Federation.

But there are plans to implement projects in Saudi Arabia as well,” he concluded.

Earlier, the White House said that the United States is reviewing relations with Saudi Arabia.