Russian Deputy Prime Minister Alexander Novak discussed with the Minister of Oil and Ecology the Kingdom of Bahrain Mohammed Ben Mubarak Ben Dina as part of the OPEC+transaction. This was reported by the press service of the Government of the Russian Federation.
“We are highly appreciated by the traditionally friendly nature of the Russian-Bahrain ties. In September of this year, we will celebrate the 35th anniversary of the establishment of diplomatic relations between our countries. During this time, a lot has been made to expand trade, economic, investment and cultural and humanitarian cooperation. In the first three months of 2025, the volumes of mutual trade have grown by 14.9% Compared to the same period of 2024.
According to the report, “the parties discussed cooperation within the framework of the OPEC+ transaction as a guarantee of ensuring the stability and predictability of the global oil market and agreed in the future to coordinate interaction in this area.”
“The decisions taken by the participating countries are aimed at balancing the oil market in the context of economic challenges,” follows from the message.
On the agenda of negotiations, the conditions for the supply of Russian energy carriers to Bahrain, as well as the possibilities of joint work on geological exploration and production of oil and gas on the shelf of Bahrain with the participation of Russian companies, were made.