Russia’s Lukoil has said it is negotiating a deal with Saudi Arabia to tap unconventional gas deposits in the kingdom’s Empty Quarter desert region, Reuters has reported. “This is tight gas. The negotiations are under way. No details on deal and future production plans yet,” said a spokesman for Lukoil Overseas, which operates the group’s foreign upstream projects. “Yes, we are hopeful and will continue evaluating drilling after signing a deal,” he said.
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