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Russia looks to partner NNPC in oil, gas, power sector development


The Russian Federation at the weekend expressed its readiness to partner with the Nigerian National Petroleum Corporation (NNPC) in the development of Nigeria’s oil, gas and power sectors.

Mr. Samson Makoji, Acting Group General Manager of the corporation’s Public Affairs Department, confirmed in a statement on Friday that the Russian Federation Ambassador to Nigeria, Alexey Shebarshin, made the disclosure during a working visit to the NNPC Group Managing Director, Mallam Mele Kyari in Abuja.

Shebarshin, who said the visit was to consolidate on the gains made from last year’s Russia-Africa Summit in Sochi, added that the Russian Embassy in Nigeria is keen to enhance and develop bilateral cooperation across the oil and gas value chain between the two countries.

“We are particularly interested in participating in Nigeria’s power infrastructure projects. We would also keep close track of the ongoing negotiations between NNPC and Gazprom on the restoration of the bilateral cooperation which aims to revive and solidify the venture between our two companies for gas Infrastructure development in Nigeria,” Ambassador Shebarshin stated.

Highlighting the Memorandum of Understanding (MoU) signed between the NNPC and the Russian-based company, Lukoil, which focused on refinery reconstruction, the diplomat emphasized that he was prepared to provide any kind of assistance to advance the project.

In response, Mallam Kyari thanked the Ambassador for the visit, while assuring him of the commitment of NNPC to partner with the Russian Embassy in Nigeria to ensure that both countries benefit from the bilateral cooperation achieved in Sochi, Russia.

“As a National Oil Company, we are committed to growing Nigeria’s economy. We will set up communication channels with the Russian companies, Lukoil and Gazprom in particular, to promote this collaboration for the benefit of our two countries,” Kyari noted.

Source Independent
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