Business · Energy & Commodities · 6 hrs ago

Russia and CAR plan to expand energy cooperation over three years

Russia and CAR plan to expand energy cooperation over three years

Russia and the Central African Republic have set out energy cooperation plans for the next three years.

CAR Energy Development and Water Resources Minister Opportune Edwige Pouninguinza said the two countries already work together on oil and gas.

Their cooperation includes hydrocarbon supplies and building storage facilities, which CAR needs because its current capacity is limited.

The countries also plan to train local specialists to support future work in oil and gas and hydropower.

A separate roadmap covers joint projects in the water sector.

Hydropower and electricity projects are planned for three cities.

Pouninguinza said the scale of cooperation is expected to grow, but no further details on the projects or timeline were given.

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What people are saying

Opportune Edwige PouninguinzaCAR energy minister
We expect the scale of our cooperation to continue growing over time.
via TASS
We cooperate [with Russia] in the oil and gas sector, both in hydrocarbon supplies and in the construction of storage facilities (as our existing capacity is somewhat limited).
via TASS
We also have hydropower and electricity supply projects that will cover three different cities.
via TASS