Source Pravda.Ru

Kuwaiti Oil Fields To Be Developed By Russia

Russian firms will participate in developing Kuwait's oil fields, the nation's energy minister said Monday as a bilateral commission opened discussions on expanding economic and technical cooperation.

Energy Minister Igor Yusufov, heading the Russian side in the talks, said firms including Sibneft and Lukoil were preparing to work on four oil fields in northern Kuwait, the Interfax news agency reported.

It was the first meeting of the bilateral commission, comprising various ministries and companies on both sides, since its creation in November 1994, the Energy Ministry said in a statement. In addition to the oil and gas sectors, it said, Russian firms are interested in working in the areas of construction, irrigation, agriculture and infrastructure development. They are also in a good position to increase shipments of energy equipment, rolled metal and other metal products, timber, trucks, and equipment for the oil and gas industries, it said.

The head of the Kuwaiti delegation, Sheik Ahmed Al Fahd Al Ahmed Al Sabah, said his nation sought to increase contacts with Russia through OPEC and independently of the oil cartel, Interfax said. Sheik Ahmed, who serves as information minister and acting oil minister, suggested formation of a regular working group. ©

&to=http://www.lukoil.com' target=_blank>LUKoil

&to=http://www.sibneft.ru/index.shtml' target=_blank>SIBNEFT

Comments
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
Putin warns of consequences should Georgia and Ukraine become NATO members
Putin warns of consequences should Georgia and Ukraine become NATO members
Russia to prove its innocence in MH17 disaster
Putin-Trump summit in Helsinki held in the cross hairs of the Russian fleet
Putin warns of consequences should Georgia and Ukraine become NATO members
France thrashes Croatia to win FIFA 2018
France thrashes Croatia to win FIFA 2018
France thrashes Croatia to win FIFA 2018
Putin warns of consequences should Georgia and Ukraine become NATO members
Putin warns of consequences should Georgia and Ukraine become NATO members
Trump versus the Traitors on Capitol Hill
Russia to prove its innocence in MH17 disaster
Russia to prove its innocence in MH17 disaster
Russia to prove its innocence in MH17 disaster
Putin warns of consequences should Georgia and Ukraine become NATO members
Russian warship helps Ukrainian fishermen in distress
The World Cup has changed the world in one month
Austria shows its 'ugly face' to Islam?
Putin-Trump summit in Helsinki held in the cross hairs of the Russian fleet