2019-10-25 09:10:00
LUKOIL, ARAMCO DEVELOPMENT
PLATTS- Russian crude producer Lukoil is in talks with Saudi Aramco on potential joint projects outside Russia and Saudi Arabia, including some in Africa, CEO Vagit Alekperov said Wednesday on the sidelines of the Russia-Africa Summit in Sochi.
"We are constantly discussing joint opportunities with them, including their interest in third countries, in Africa, but this is still at the stage of studying and talks," Alekperov told reporters.
He added that the companies are not currently in talks over cooperation in Uzbekistan.
Alekperov said that Lukoil is also looking to increase its cooperation with Eni in the Republic of Congo.
Earlier this year Lukoil acquired a 25% stake in the Marine XII license offshore the Republic of Congo, on which Eni is operator and holds a 65% stake. State-owned company Societe Nationale des Petroles du Congo also holds a 10% interest in the project.
Alekperov added that the company assumes an oil price of around $60/b in its budget and other economic parameters, and that African projects that the company is looking into are commercially viable at this price.
Lukoil is planning to sign new agreements with African partners during the summit, Alekperov said.
"These are, as a rule, offshore projects, plus a number of African countries asked us to study and give possible comments on downstream," he said.
Finally he said Lukoil was not in talks with Brazil's Petrobras over a stake in two production projects in Nigeria. Earlier this month the Nigerian Petroleum Ministry indicated that Lukoil was interested in taking over Petrobras' stakes.
-----
Earlier:
2019, October, 23, 12:20:00
RUSSIA, AFRICA DIALOG
President Vladimir Putin will host the Russia-Africa Summit in Sochi this week as Russia looks to expand its footprint in Africa.
2019, October, 16, 13:15:00
МЫ РАССМАТРИВАЕМ САУДОВСКУЮ АРАВИЮ КАК ДРУЖЕСТВЕННОЕ НАМ ГОСУДАРСТВО
В советские времена между Саудовской Аравией и тогда Советским Союзом отношения находились на достаточно низком уровне. За последние годы качество наших отношений кардинальным образом поменялось. Мы рассматриваем Саудовскую Аравию как дружественное нам государство.
2019, October, 16, 13:05:00
RELATIONS OF RUSSIA, SAUDI ARABIA
The expansion of interaction with our Saudi partners along the entire chain of cooperation for us, in essence, is the creation of a new alliance in order to maintain our competitiveness in world markets and to develop the national and world energy in general.
2019, October, 16, 13:00:00
ИНВЕСТИЦИИ РОССИИ, САУДОВСКОЙ АРАВИИ
долгосрочное сотрудничество между Россией и Саудовской Аравией носит стратегический характер.
2019, October, 16, 12:50:00
SAUDI ARABIA, RUSSIA INVESTMENT
Saudi Aramco has signed 10 agreements with Russian companies at the Saudi-Russian CEO Forum in Riyadh, as part of the state visit of the Russian President Vladimir Putin.
2019, October, 14, 14:10:00
RUSSIA, ARAB STATES COOPERATION
Russian President Vladimir Putin said Sunday that Russia will work with Saudi Arabia and other Arab nations to counter recent instability in the oil markets caused by attacks on energy sites in the Middle East.
