More than 20 deals have been signed on Monday between Moscow and Riyadh during President Vladimir Putin’s state visit to Saudi Arabia. Agreements include the charter for long-term cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers. Along with the charter, the two countries have signed a protocol on energy cooperation. The Russian Direct Investment Fund (RDIF), Saudi Basic Industries Corporation (SABIC), and ESN Group agreed to invest in designing, building, and operating a methanol plant in Russia’s Far East, in the Amur region. The plant is expected to have an annual capacity
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