Union Minister for Energy U Ko Ko Lwin received the Russian delegation led by Mr Sholban Kara-Ool, Deputy Chairman of the State Duma of the Federal Assembly of the Russian Federation, in Nay Pyi Taw yesterday.

During the meeting, they exchanged views on cooperation with Russian companies in promoting oil production rate using modern technologies in prolonged oil fields of Myanmar, investment in oil and gas exploration industry at inland and offshore blocks, potential of LNG distribution using the strategic location of Myanmar and LNG connection using completed pipeline network, import of crude oil and petroleum products, investment of Russian companies in establishment of refineries and fertilizer factories in Myanmar and upgrading of the existing factories, effective cooperation in the energy sector and human resource development initiatives.

MNA/KTZH

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