President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability
The African Energy Chamber welcomes the reappointment of Minister Novak who has always supported the establishment of new alliances with Africa
JOHANNESBURG, South Africa, January 22, 2020/ -- Russia’s President Vladimir Putin has appointed a new cabinet,
keeping key ministers. Amongst those retaining their seats in office is
the country’s energy minister Alexander Novak who played an instrumental role in the oil production deal with the Organization of Petroleum
Exporting Countries (OPEC).
The African Energy Chamber (https://EnergyChamber.org/) welcomes the reappointment of Minister Novak who has always supported
the establishment of new alliances with Africa and believes this move
signals the potential for further cooperation for Russia and Africa.
“Minister Novak has ensured that African companies have a seat at the
table, built partnerships and pushed President Putin’s mission to
broaden and strengthen relationships with Africa,” said Executive
Chairman of the African Energy Chamber, NJ Ayuk. “The African Energy
Chamber has always enjoyed a good relationship with him and the Russian
energy sector and, we look forward to furthering our collaboration,” he
added.
Having maintained his seat as energy minister since 2012, Novak’s
reappointment is received as the Kremlin’s commitment to the
continuation of the OPEC+ strategy which has already seen Russian
companies benefit from bilateral cooperation with OPEC member states and boosted oil prices.
"Alexander Novak has emerged as the reliable and dependable bridge
between OPEC and non-OPEC in the Declaration of Cooperation. He has
earned the respect and admiration of all participating countries in the
OPEC+ group," said H.E. Mohammad Sanusi Barkindo, Secretary General of
OPEC. Adding that, “His reappointment as Russia’s Energy Minister at
this crucial juncture will further strengthen the collaboration with
OPEC in our noble course to maintain oil market stability in the
interest of producers, consumers and the global economy.”
About the African Energy Chamber:
Determined to promote growth in the African energy sector, the African Energy Chamber (https://EnergyChamber.org/) encourages collaboration between businesses and government and takes a
leadership role in shaping policies, sharing best practices and using
resources to create value.
President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability
President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability
President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability
President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability
President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability
Play online games for free at games.easybranches.com
Guest Post Services www.easybranches.com/contribute