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  • Gazprom and Petrovietnam discuss future cooperation in oil and gas sector
    édité le 20/11/2014 - Plus de news de "GAZPROM" - Voir la fiche entreprise de "GAZPROM"


Gazprom and Petrovietnam discuss future cooperation in oil and gas sector
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam Oil and Gas Group (PVN) Board of Directors.

The parties addressed the future cooperation in the oil and gas sector. In particular, they touched upon the joint actions offshore Vietnam as well as within gas production projects in Russia. It was pointed out that the jointly developed Moc Tinh and Hai Thach fields located on the Vietnamese shelf would reach their full capacity by 2016 and would produce nearly two billion cubic meters of gas per year.

The meeting participants also discussed the prospects for cooperation in LNG supply from Gazprom's portfolio to Vietnam as well as boosting the partnership in the NGV sector in the Republic.

Special attention was given to the cooperation in the oil refining and supply businesses. In particular, the parties pointed out the positive dynamics of the talks on Gazprom's possible entry into the project for upgrading the Dung Quat oil refinery in Vietnam.

About Gazprom and PetroVietnam Oil and Gas Group

Gazprom and PetroVietnam Oil and Gas Group entered into the Agreement on Strategic Partnership in 2009. In line with the document, the parties will continue jointly operating in Vietnam's offshore blocks and studying further prospects for cooperation in vacant licensed blocks of the Republic. The Agreement also contemplates a pro-active interaction between Gazprom and PetroVietnam in oil and gas projects across Russia, Vietnam and third countries within Gazpromviet.
Vietgazprom, joint operating company of Gazprom and PetroVietnam, is engaged in exploration activities in blocks No. 112, 129, 130, 131, 132 located in the continental shelf of Vietnam. In October 2013 Gazprom and PetroVietnam launched commercial gas production from the Moc Tinh and Hai Thach fields of licensed blocks 05.2 and 05.3 offshore Vietnam.
In October 2013 Gazprom and PetroVietnam signed the Agreement on the basic principles of the joint venture activities under a project for natural gas use as a vehicle fuel in the Republic of Vietnam. The document stipulates promoting the cooperation between the companies in converting public transport in Ho Chi Minh City to natural gas.
Dung Quat, Vietnam's only oil refinery, has an output of 6.5 million tons per year.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.

Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.

Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 72 per cent respectively. Gazprom accounts for 14 and 74 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.

Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 168 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.

About PetroVietnam

PETROVIETNAM, Vietnam Oil and Gas Group is a state-owned company. On June 18th 2010, the Prime Minister issued the Decision No. 924/QĐ-TTg accepting that PETROVIETNAM is the State-owned Company Limited-Vietnam Oil and Gas Group (short name is Vietnam Oil and Gas Group) with international transaction name is Petrovietnam, PVN for short.


Voir le site de la raffinerie de Dung Quat


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