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Saudi Arabia agrees to buy Russian S-400 air defense system

Saudi Arabia agrees to buy Russian S-400 air defense system

The Saudi leader, who was in Moscow for a four-day trip, which included a meeting with Russian President Vladimir Putin, made quite the entrance upon arrival.

Photos show Putin personally pour a cup of tea for his royal guest at the Kremlin Palace.

The report came during a visit by Saudi King Salman to Moscow.

Saudi Arabia has signed preliminary agreements to buy S-400 air defense systems and receive "cutting-edge technologies" from Russian Federation as King Salman bin Abdulaziz Al Saud is on an official trip to Moscow as the first Saudi monarch to visit the European country.

Saudi Aramco is discussing several investment opportunities with Russian firms but there are no current plans to take a stake in Novatek's liquefied natural gas (LNG) project, Aramco Chief Executive Amin Nasser said on Thursday.

During the visit King Salaman said he was looking forward to building a strong relationship with Russian Federation "in the interests of peace, security and development of the world economy".

"We emphasize that the security and stability of the Gulf region and the Middle East is an urgent necessity for achieving stability and security in Yemen", Salman said, as quoted by Russia's Interfax news agency. Our relations have an extremely large history, "he said".

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Additionally, Russia's state atomic corporation Rosatom and the Saudi Energy Ministry signed a nuclear energy cooperation accord.

OPEC-kingpin Saudi Arabia and Russian Federation helped reach a deal between the Organization of the Petroleum Exporting Countries and non-OPEC to cut output by 1.8 million barrels per day from January to lift crude prices.

"We do not have any such gangways in our possession", Krylova said, adding that the 15-metre escalator was brought and assembled by technicians from the Saudi delegation.

Putin and King Selman are also expected to establish an investment fund of about $1 billion to support energy projects.

There has been no immediate US reaction to the growing ties between Riyadh and Moscow.

"I think these fundamental mutual interests will sooner or later change the nature of Russian-U.S. relations for the better", Putin said. Fyodor Lukyanov, the Kremlin-connected chairman of the Council on Foreign and Defence Policy, said Riyadh saw closer ties with Moscow as expedient for the moment, and was "diversifying risks" by buying arms from both Moscow and the US. "Apart from Syria, the other key issue discussed is coordination between the two countries in stabilising the oil price".

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