MOSCOW, March 24 - Russia and Qatar should coordinate their work on global gas and oil markets, Russian Prime Minister Vladimir Putin said on Wednesday.
"It is important for us to coordinate our joint work on markets, " the RIA Novosti news agency quoted Putin as saying while opening talks with his Qatari counterpart Sheikh Hamad bin Jasim al-Thani.
As two of the world's largest hydrocarbon producers, Russia and Qatar already have energy contacts through the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF).
Putin recognized the prospects of Russia-Qatar fuel cooperation. "Russia has a good possibility for coming up with promising projects, and we are ready to join certain investment projects in Qatar," he said.
The Qatari prime minister said Qatar is also very interested in investment cooperation with Russia on global fuel markets.
According to the Oil & Gas Journal, Qatar was the fifteenth largest crude oil exporter in the world in 2008, and its proven natural gas reserves amount to 890 trillion cubic feet, making it the world's third largest gas producer after Russia and Iran.
"It is important for us to coordinate our joint work on markets, " the RIA Novosti news agency quoted Putin as saying while opening talks with his Qatari counterpart Sheikh Hamad bin Jasim al-Thani.
As two of the world's largest hydrocarbon producers, Russia and Qatar already have energy contacts through the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF).
Putin recognized the prospects of Russia-Qatar fuel cooperation. "Russia has a good possibility for coming up with promising projects, and we are ready to join certain investment projects in Qatar," he said.
The Qatari prime minister said Qatar is also very interested in investment cooperation with Russia on global fuel markets.
According to the Oil & Gas Journal, Qatar was the fifteenth largest crude oil exporter in the world in 2008, and its proven natural gas reserves amount to 890 trillion cubic feet, making it the world's third largest gas producer after Russia and Iran.
