Nigeria: Indonesia Wants Revival of Suspended Oil, Gas MOU With Nigeria

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The Republic of Indonesia has expressed its desire to foster the existing collaboration with Nigeria on the development of the nation's oil and gas sector, urging the country to revive a Memorandum of Understanding (MoU) with Nigeria which was suspended in 2017.

The Republic of Indonesia has expressed its desire to foster the existing collaboration with Nigeria on the development of the nation's oil and gas sector, urging the country to revive a Memorandum of Understanding with Nigeria which was suspended in 2017.

A statement by the Deputy Director in the Ministry of Petroleum, Mrs Oluwakemi Ogunmakinwa, said the Indonesian ambassador said that Indonesia was exploring ways to sustain her relationship with Nigeria. Specifically, the ambassador noted that the oil and gas sector of the economy was an area of common interest to both countries and would want to explore areas of more collaboration with Nigeria in that regard.

"He stated that the MoU would help bolster collaboration in the sector, citing the offer by the Enugu State Governor in 2023 to build a 500-megawatt capacity gas power plant," the statement added.

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