THE Philippines and Russia are set to expand cooperation in the field of energy including through an exchange of information, experts and technology.
This was discussed at the meeting of Philippine Ambassador to Russia Carlos D. Sorreta and Mr. Roman A. Marshavin, Director for International Cooperation of Russia’s Ministry of Energy (Minenergo), on January 24.
“Russia is a global leader when it comes to energy and has recently invested more time and focus in developing its technological edge in the area of alternative and sustainable sources of energy,” said Sorreta.
Sorreta suggested developing B2B linkages between Russian energy companies and their Philippine counterparts so the Philippines can learn more about Russia’s energy production capabilities.
For his part, Marshavin agreed to relay to Russian companies Sorreta’s suggestion.
The Russian official expressed interest in increasing current oil sales to the Philippines given the country’s increasing energy needs.
Both sides agreed that increasing energy cooperation between the Philippines and Russia is timely since the Philippines is exploring renewable and alternative sources of energy to fuel its growing economy.
They agreed that cooperation in the area of energy will be greatly enhanced through an agreed framework. They expressed hope that such framework could be finalized in time for President Rodrigo R. Duterte’s visit to Russia, which is slated in the first half of 2017.
Anna V. Smurigina, Lead Counsel of the Department of International Cooperation joined Marshavin during the meeting. Officers of the Philippine Embassy in Moscow, Mr. Jeffrey A, Valdez and Ms. Catherine F. Alpay, and interpreter Mr. Dmitry Khodzko accompanied Sorreta.