Russia's Gazprom, Novatek May Invest In Gas Infrastructure Projects In Morocco - Official

Russia's Gazprom, Novatek May Invest in Gas Infrastructure Projects in Morocco - Official

Russia's Gazprom, Novatek and Stroytransgaz companies are studying the possibility of co-investing in the construction of logistics infrastructure as well as development of gas infrastructure in industrial areas of Morocco, the Russian agriculture minister and co-chairman of the Russian-Moroccan Intergovernmental Commission, Dmitry Patrushev, said Thursday.

MOSCOW (Pakistan Point News / Sputnik - 04th October, 2018) Russia's Gazprom, Novatek and Stroytransgaz companies are studying the possibility of co-investing in the construction of logistics infrastructure as well as development of gas infrastructure in industrial areas of Morocco, the Russian agriculture minister and co-chairman of the Russian-Moroccan Intergovernmental Commission, Dmitry Patrushev, said Thursday.

"The possibility of the largest Russian companies, such as Gazprom, Novatek, and Stroytransgaz, entering projects on the construction of logistics facilities and development of gas infrastructure in industrial areas of Morocco as co-investors is being considered," Patrushev said.

In addition, work on creating joint Russian-Moroccan enterprises, including in the field of mechanical engineering, as well as production of electrical equipment and lubricants is underway, he added.

According to the minister, there are a lot of promising areas of economic cooperation between Russia and Morocco, including the transport, energy and trade sectors.

A draft agreement between the Russian and Moroccan governments on international road transportation is in the final stage of preparations, Patrushev added.