Eritrea hopes that Russian companies will participate in oil exploration in Asmara. In this regard, Petros Tseggai, Ambassador of the Republic in Russia declaration In an interview with RIA Novosti.
Tseggay explained that the volume of oil reserves in Eritrea has not been fully explored so far and said “in-depth scientific and exploratory studies” are needed.
“We hope that Russian companies will be pleased to help resolve this issue, especially after the visits of (Russian Foreign Minister Sergei) Lavrov to Asmara and the President of Eritrea (Isaias Afwerki) to Moscow,” the ambassador said.
According to him, concrete discussions between countries have not yet begun.
Eritrea is a country in East Africa, on the coast of the Red Sea in the Horn of Africa. It borders Sudan in the west and Ethiopia in the south. Eritrea has a population of about 6 million people. The country is a member of the United Nations and the League of Arab States.
In May of this year, Russia and Eritrea celebrated the 30th anniversary of the establishment of diplomatic relations, while the republic did not support anti-Russian sanctions. Lavrov visited the country in January as part of his visit to Africa. As a result of the visit, it was decided to increase bilateral economic cooperation and to encourage direct contacts between the representatives of the business world of the two countries.
Previously reported About the sharp rise in the price of Brent crude oil.