File - A green traffic light signal is seen in front of a Lukoil petrol station in St. Petersburg November 26, 2013.(REUTERS/Alexander Demianchuk)
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Russia's Lukoil is negotiating a deal with Saudi Arabia to tap unconventional gas deposits in the kingdom's "Empty Quarter" desert region, according to the company's overseas unit.Lukoil is still on the hunt for desert gas and is now evaluating the possibility of production from unconventional deposits.The sources said no deal had yet been reached as further studies needed to be carried out by Lukoil and Saudi Aramco to estimate how much unconventional gas was available.The higher cost of extracting unconventional gas was not the only obstacle to production; scaling up and sustaining unconventional gas operations at a meaningful level of supply would also present major technical challenges, Husseini said.Saudi Aramco has embarked on an unconventional gas program in several areas.
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