Lukoil and NNPC sign memorandum of understanding
Published by Tom Mostyn,
Editorial Assistant
Hydrocarbon Engineering,
President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corp. (NNPC) Group Managing Director Mele K Kyari have signed a memorandum of understanding between the companies. The signing took place at the Russia-Africa economic forum in Sochi, Russia.
According to the memorandum, the parties intend to consider possible cooperation in the exploration, production and refining of hydrocarbons in Nigeria as well as upscaling existing trading relationship.
The document also provides for possible design and technical cooperation between the companies and the provision of LUKOIL's know-how in the implementation of production and refining projects.
Read the article online at: https://www.hydrocarbonengineering.com/refining/25102019/lukoil-and-nnpc-sign-memorandum-of-understanding/
You might also like
The Hydrocarbon Engineering Podcast - Insights into the UN Global Plastics Treaty negotiations
In this episode of the Hydrocarbon Engineering Podcast, Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel & Petrochemical Manufacturers (AFPM), discusses the outcomes of the final round of UN negotiations for a Global Plastics Treaty.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
