After the gas crisis in October, the country wants to provide itself with stocks.
The Russian gas pipeline does not meet European standards.
Oil prices eased on Wednesday, taking a breather after gains earlier this week.
Aramco Gas Pipelines Company, will lease usage rights in Aramco’s gas pipelines network and lease them back to Aramco for a 20-year period.
The European Union is going to revise the gas market legislation.
The price level has been agreed upon based on the conditions of the current year.
OPEC+ must decide whether to increase oil production following the previously adopted schedule or not.
On Thursday, an OPEC+ meeting is scheduled, which brings together OPEC and partners.
Guaranteed Buyer turned to the Cabinet of Ministers with a request for clarification on further actions.
The cartel must assess the impact of the new variant of the coronavirus on oil demand and prices.