Turkey, Nigeria sign energy, hydrocarbons and mining MoUs

Total of seven memorandums signed between two countries, three of which are in energy sector

20.10.2021
  • Share

Turkey and Nigeria signed three memorandums of understanding (MoU) in the fields of energy, hydrocarbons and mining on Wednesday, according to Turkey's Energy Ministry.

Energy and Natural Resources Minister Fatih Donmez and Nigerian Foreign Minister Geoffery Onyeama signed the MoUs in Nigeria during Turkish President Recep Tayyip Erdogan's official visit.

'We signed cooperation agreements in energy, mining and hydrocarbon fields in Nigeria, our last stop in West Africa,' said Donmez via Twitter.

'We will carry our energy cooperation to a higher level with new investment and commercial activities, as well as sharing knowledge and experience between Turkey and Nigeria,' he added on Twitter.

A total of seven memorandums were signed between the two countries, three of which are in the energy sector, with one involving cooperation on renewable energy sources, energy efficiency, electricity distribution and transmission.

Within the hydrocarbons field, both countries aim to cooperate in the trade of crude oil, petroleum products and LNG, the construction and maintenance of oil and natural gas infrastructure, the liquefaction of natural gas, and the exploration, transportation and marketing of oil and natural gas.

With the MoU relating to the mining sector, the two countries plan to cooperate on legislation, exploration of mineral resources, geological exploration, laboratory studies, storage and mine waste disposal.