Russia-Nigeria OPEC+ Cooperation Ensures Stability & Predictability of Global Oil Market, Russian Deputy PM Says

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Russia-Nigeria OPEC+ Cooperation Ensures Stability & Predictability of Global Oil Market, Russian Deputy PM Says

"The decisions we make are based on real-market data and trends, and are aimed at balancing supply and demand amid economic challenges," Alexander Novak said.

Russia and Nigeria's cooperation within OPEC and OPEC+ serves long-term national interests and boosts economies of both countries, the deputy PM noted at a meeting with Nigerian Finance Minister Olawale Edun.

During the meeting, the two sides discussed:

full-cycle oil and gas cooperation — from exploration to field development;

partnerships in energy, industrial supplies, and banking;

coordination within OPEC+.

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