MILES AXLE Translation. Region: Russian Federation –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo
Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo
Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo at a meeting with Alexander Novak
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Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo
Alexander Novak held a meeting with the Minister of Mining and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo on the sidelines of the international forum “Russian Energy Week”. The meeting was also attended by the Minister of Energy of Russia Sergey Tsivilev.
“Russia and the Republic of Equatorial Guinea have long-standing friendly relations, which we invariably build on the principles of respect and consideration of mutual interests. The spirit of solidarity and mutual understanding continues to be the basis of our cooperation, which is not subject to momentary opportunistic considerations,” noted Alexander Novak.
The parties discussed the possibilities of expanding bilateral trade and economic cooperation and its promising areas, including the supply of Russian industrial and oil and gas equipment to the country, the conditions for the entry of Russian oil and gas companies into hydrocarbon exploration and production projects in Equatorial Guinea, the participation of Russian contractors in the construction of solar power generation facilities, peaceful nuclear energy, LNG production, etc.
Currently, Russia mainly exports pharmaceutical products, mineral and chemical fertilizers to Equatorial Guinea. This year, a significant increase in trade turnover has begun. The parties agreed to create a mechanism for consultations on economic, trade and investment cooperation in the near future.
Russia and Equatorial Guinea will continue to work together within the Gas Exporting Countries Forum to develop measures in the interests of promoting the role of gas in global energy markets, which ensures the achievement of the UN Sustainable Development Goals as an affordable, universal and environmentally friendly type of fuel.
Alexander Novak and Antonio Oburu Ondo also highly praised the role of OPEC in coordinating the balance of supply and demand in the global oil market.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
http://government.ru/nevs/52814/
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.