NOGA to activate oil cooperation with Russia

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NOGA to activate oil cooperation with Russia

NOGA to activate oil cooperation with Russia

(Manama) – The National Oil and Gas Authority (NOGA) announced that it will start in the near future to communicate with the Russian side to activate the two memoranda of understanding signed between the two countries on the sidelines of the current official visit of His Majesty King Hamad bin Isa Al Khalifa to Russia.

HM King Hamad bin Isa Al Khalifa and President Vladimir Putin attended the signing ceremony of the two memoranda of understanding.

Oil Minister Shaikh Mohammed bin Ahmed Al Khalifa represented the Bahraini side and Gazprom Chairman Viktor Zubkov represented the Russian side at the signing ceremony of the first MoU on cooperation in the field of liquefied gas.

The second MoU was signed by the Oil Minister and Rosgeologia Chairman Roman Panov on partnership in geophysical surveys for the exploration and production of oil and gas.

The National Oil and Gas Authority, in a statement, welcomed the oil cooperation between the two countries first established during the first historic visit of HM the King to Russia in 2005.

It described the oil cooperation as the locomotive power that leads the cooperation, coordination and exchange of expertise between the two countries.

HM the King’s visit to Russia aimed at boosting bilateral relations in the interest of the two friendly countries. It is the fourth one to Russia since HM the King’s accession to the throne and the third in the past two years.

(Courtesy BNA)