Since the start of 2015, direct investments of roughly USD 45 billion have been made in the extraction of fuel and energy minerals in Russia, or about 60% of the total amount. Foreign investors maintain a high level of interest in the energy sector, as evidenced by the first investments from our Middle Eastern partners in this sector of the Russian economy. Co-investing with the RDIF’s international partners not only provides Russian companies with capital for development and technology for complex projects, but also provides access to the world’s largest energy markets in the Middle East — Kirill Dmitriev, Chief Executive Officer, Russian Direct Investment Fund (RDIF).
In Russia, we have an agreement with the Russian Direct Investment Fund [...] and we plan to invest over USD 1 billion both in the service and in other energyrelated sectors [...] I think that our existing relations with the Russian Federation will strengthen in doing so — Mohammed Al Qahtani, Senior Vice President of Saudi Arabian Oil Company (Saudi Aramco).
Our global priority is revolutionary change and modernization in our networks, and we have been working on this for the past 15 years. We are now launching the third generation of our smart grid automation system [...] Russia is precisely the country where we can cooperate on this issue with local players [...] With the support of the RDIF, we have begun investing in renewable energy [...] Russian companies will be able to become truly competitive in this segment [...] We will develop our global programmes and support the Russian government in the programmes it has announced — Stephane Maurice Zweguintzow, Chairman of the Board of Directors, Deputy General Director - Director for Personnel and Organizational Development, Enel Russia.