INSUBCONTINENT EXCLUSIVE:
MOU was signed by Iranian Oil Minister Javad Oji and Minister of State for Petroleum Resources of Nigeria Timipre Sylva in Tehran on
Saturday.Sylva who visited Tehran on top of a high-ranking delegation was received by Oji at the place of the Oil Ministry to discuss
avenues of mutual cooperation between the two countries.Exporting technical and engineering services to Nigeria, collaborating with Nigerian
oil and gas fields and the reconstruction and renovation of Nigerian refineries are among the fields of cooperation covered in the
MOU.Speaking at the meeting with Sylva, Oji referred to the potentials of Iran and Nigeria in the energy sector and expressed hope that
signing such MOUs would pave the way for increasing cooperation between the two countries.Mentioning the negotiations held between Iran and
Organization of Petroleum Exporting Countries (OPEC), OPEC+, and the GECF, which makes the energy cooperation between the two sides easily
possible.Iran and Nigeria have large reserves of oil and gas and Nigeria is the sixth exporter of LNG in the world, the minister
stressed.The Nigerian minister for his part emphasized that Iran and Nigeria have had a lot of bilateral cooperation under the framework of
signed MOU documents in Tehran on Saturday.
