A Russian media outlet has repoted that Petrolex CEO, Segun Adebutu met with Deputy Energy Minister of Russia on July 10, 2018.

According to the report,

Deputy Energy Minister of the Russian Federation Anatoly Yanovsky held a meeting with the chairman and general director of Petrolex Oil & Gas Ltd, Segun Adebutu.

During the event, the parties discussed Russian-Nigerian cooperation in the oil and gas sector. The Nigerian side requested assistance in attracting Russian companies to develop two fields, including with regard to their financing.

Following the meeting, an agreement was reached that the partners will send clarifying materials for further study with interested Russian companies. “

Petrolex came into prominence in December last year when it unveiled a 300 million litre tank farm; the largest in sub-saharan Africa. The company is also building a 250,000 barrels refinery at its petrochemical hub in Ibefun, Ogun State

okay

Nice move.