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Russia, UAE partner NNPC for oil, gas development

Nov 02, 2018
The Russian Federation and the United Arab Emirates (UAE) have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation (NNPC).
In a statement by NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, the corporation said the partnership will be in the upstream, midstream, downstream and services sectors to further boost their various economies.
Speaking after a working visit to the Group Managing Director of the NNPC, Maikanti Baru, the Russian Federation Ambassador to Nigeria, Alexey Shebarshin, said the proposed synergy was for the betterment of citizens of both nations.
He added that the visit was to consolidate the collaboration and partnership with the state oil firm in ensuring the growth and development of the Nigerian oil and gas industry for collective interests.
The statement quoted him as saying, “With deep thanks and appreciation of further cooperation between the Russia Oil and Gas Companies and NNPC that will bring positive results of our joint cooperation.”
Shebarshin said the two countries have had a long history and would continue to expand their business interests as part of efforts to improve the standard of living of citizens.
Speaking in a similar vein during his courtesy call to Baru, the Ambassador of the United Arab Emirates (UAE), Obaid Mohammed Aitaffag, said his country would continue to partner the corporation in the development of the downstream and services sector of the petroleum industry.
“It was a pleasure to meet the NNPC team led by Dr. Baru. I hope that our discussion brings closer ties between UAE and Nigeria in the areas of Oil and Gas,” Aitaffag said.
It would be recalled that the Russian Federation, as an oil producing nation, joined other countries that make up the Organization of the Petroleum Exporting Countries (OPEC) in the landmark declaration of cooperation to stabilize global supply of oil to the international market.
Source: The Ripples
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