Jordan and Russia on Wednesday signed a memorandum of Understanding (MoU) to cooperate in the energy field, mainly in oil, gas and electricity. Minister of Energy Sleiman al-Hafez and his Russian counterpart Sergei Shmatko signed minutes of the meeting with the Russian company which will be investing in these sectors. Al-Hafez told Jordan New Agency (Petra) that the memorandum focuses on laying the foundations for Jordanian-Russian cooperation and creating suitable climate of mutual collaboration. Shmatko expressed his happiness over his country's partnership with Jordan, pointing to the Russian expertise in energy-related domains. In response to a question about the possibility of exploring oil and gas in Jordan, he said that estimates of Russian experts will be objective, adding that it would be a "source of optimism". The MoU encourages Russian enterprises to enter gas and oil sectors by sealing agreements on exchanging expertise on advanced technology for oil and gas exploration and geological studies and techniques.
