Việt Nam News

Việt Nam prioritises oil and gas cooperation projects with Russia: PM

December 14, 2019 - 08:41

The Vietnamese Government always gives top priority to oil and gas cooperation projects with Russia, said Prime Minister Nguyễn Xuân Phúc at a reception for General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hà Nội on Friday.

Prime Minister Nguyễn Xuân Phúc receives General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hà Nội on Friday. — VNA/VNS Photo Dương Giang

HÀ NỘI — The Vietnamese Government always gives top priority to oil and gas cooperation projects with Russia, said Prime Minister Nguyễn Xuân Phúc at a reception for General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hà Nội on Friday.

The PM described Russia as a reliable partner of Viet Nam throughout history, and welcomed the Russian company’s willingness to cooperate with Viet Nam.

Kudryashov recalled his impression about PM Phúc’s visit to Zarubezhneft headquarters during his official visit to Russia in May 2019.

He informed the PM about the good business outcomes of petroleum joint ventures between Zarubezhneft and the Vietnam Oil and Gas Group (PetroVietnam), which are Vietsovpetro in Vietnam and Rusvietpetro in Russia.

Zarubezhneft had been actively promoting key cooperation projects in the field of oil and gas between the two sides, he said.

Kudryashov thanked the Vietnamese Government and PM Phúc for creating favourable conditions for the two joint ventures to operate effectively.

He hoped the Vietnamese Government would offer more incentives for other projects of Zarubezhneft in Việt Nam.

PM Phúc hailed the effective cooperation between Việt Nam and Zarubezhneft, adding that he would assign the Ministry of Industry and Trade to study some preferential mechanisms for the Russian side in line with Việt Nam’s law to ensure mutual benefits.

He also affirmed the Government’s support and optimal conditions for Zarubezhneft and PetroVietnam to grow strongly. — VNS

Tags Russia Zarubezhneft oil and gas

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