JEDDAH, 5 November — A high-level delegation from Stroytrasgaz, a Russian company that is a leader in the field of pipeline projects, visited the Kingdom for three days from Oct. 29.
First Vice President Leonid Bokhanovsky, who led the delegation, was accompanied by his deputies Alexander Lavrentiev and Konstantin Dudarev.
The visit follows Saudi Minister of Finance Ibrahim Al-Assaf’s official trip to Russia in early October with a delegation representing various public and private sector institutions and companies representing Saudi Arabia.
Assaf signed a memorandum of understanding between Stroytrasgaz and Saudi Oger Ltd, a Riyadh-based construction company, which was founded in 1978.
The Russian delegation met officials at Saudi Aramco, the Saline Water Conversion Corporation (SWCC) and the Ministry of Finance. They also held talks with Saudi Oger General Manager Saad Hariri and both parties committed themselves to concluding a partnership deal in the near future.
“The delegation found the governor of the SWCC greatly encouraging. He explained to them its future projects,” Gahssan Taher, Saudi Oger’s assistant general manager of investment, told Arab News.
“Aramco also gave them its pipeline specifications. This collaboration falls in line with the general guidelines to enhance economic ties between the Kingdom and Russia, with the emphasis on the private sector level.”