Thursday, June 25, 2009

Russia to invest in the economy of Nigeria "billions of dollars."

Russia is ready for multi-investment in the economy of Nigeria, particularly in its energy industry. On the intent of Russia on 24 June told President Dmitry Medvedev, is in Nigeria for an official visit.
According to the Russian president, who cites RIA Novosti, it is "very large projects, investment in which will be run" billions of dollars. "
"This is the creation of new processing facilities, pipeline systems. And we are ready to render all assistance and support to our Nigerian partners," - told Medvedev at a press conference after the talks with President Yar'Adua of Nigeria Oumar. In doing so, the Russian President said that the prospects for such cooperation is very good. "
Earlier it was reported that the Russian gas monopoly Gazprom and Nigerian National Petroleum Corporation signed a memorandum on the establishment on an equal footing joint venture's share capital which will be 7.5 million dollars. It was expected that in 2010 this alliance will begin work on the construction of 360 km of pipeline in Nigeria.
The visit of Dmitry Medvedev in Africa began on Tuesday, June 23. On the first day of Russian President traveled to Egypt where has concluded several agreements on strategic partnership between the two countries and international cooperation at the level of some ministries and public enterprises. In the remaining days of Medvedev to visit Namibia and Angola.

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