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Why has a detente formed between Qatar and Russia, two erstwhile adversaries?
Bilateral ties including energy and "the situation in the Middle-East" will be discussed during Al-Thani's visit.
Russia said the contract will be fulfilled in three years.
Plummeting oil prices have dragged the energy-dependent Russian export economy down.
Putin also reminded the West of its warnings against invasions in Libya and Iraq that have now resulted in chaos and protracted civil war.
The Islamic State has claimed responsibility for a suicide truck bombing on a Libyan police training centre on Thursday that killed at least 65 people.
Saudi Arabia announced severed ties with Iran after its embassy in Tehran was firebombed in protest at the kingdom's execution of Shiite cleric Sheikh Nimr al-Nimr.
Incidentally, the document names the United States as one of the threats to Russia's national security for the first time.
With Russia insisting on going ahead with restrictive measures against both Turkey & Ukraine, businesses in both countries are expected to feel the blow.
Russia and China have set a bilateral trade target of $200 billion by 2020.