Brunei, Russia ink oil and gas MoU

TUESDAY, JUNE 26, 2012
Brunei, Russia ink oil and gas MoU

Brunei and Russia took their relations a notch higher on Sunday by signing a Memorandum of Understanding on commercial cooperation in the oil and gas sector and exploring more possibilities of expanding joint ventures in energy projects, future power plan

 

Prior to the signing of the MoU, discussions were held between the energy ministers of Brunei and Russia. Included on the itinerary were potential joint-venture in energy projects, future power plants, renewables, working with Gazprom in the LNG market sector.