Egypt & Russia to Co operate in Oil
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Thursday, 20 March 2008 |
Senior officials from Egypt and Russia held talks this week to develop
cooperation in the oil sector of oil.
Egyptian Minister of Petroleum Sameh Fahmi and Russian Minister of
Energy and Industry Viktor Khristenko discussed their countries' plans
to face the problem of growing oil prices in world markets. Fahmi
said after the meeting that their talks tackled benefiting from the
Russian expertise.
They also probed the activities of the Russian oil companies in Egypt,
said Fahmi. Russia's LUKOIL and NOVATEK companies are active in
Egypt. In
addition, the two ministers reviewed preparations for an upcoming
meeting of gas exporting countries set to take place in Russia by the
end of this year.
During the meeting on Wednesday,
Egyptian Minister of Petroleum Sameh Fahmi and Russian Minister of
Energy and Industry Viktor Khristenko discussed their countries' plans
to face the problem of growing oil prices in world markets.
PetrolWorld 190308
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