Gazprom and PetroVietnam discuss joint projects

A Gazprom delegation headed by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, recently visited the Socialist Republic of Vietnam (SRV).

Hanoi hosted a meeting between Vitaly Markelov and Nguyen Quoc Khanh, Chairman of the Board of Directors of PetroVietnam (Vietnam Oil and Gas Group). The parties spoke about cooperation within the Gazpromviet joint venture, as well as potential supplies of liquefied natural gas to Vietnam.

Another working meeting was held between Vitaly Markelov and Nguyen Vu Truong Son, President and CEO of PetroVietnam. The meeting addressed the implementation of the existing contracts and agreements on hydrocarbon exploration, production and sales, as well as participation in new joint projects to be executed in Vietnam, Russia, and third countries. The parties also discussed possible collaboration in the field of power generation.

Particular attention was given to the further joint implementation of the NGV project in Vietnam. As a result of the meeting, Gazprom and PetroVietnam decided to shortly draft a comprehensive plan of action on the wider use of natural gas as a vehicle fuel in order to achieve the main goals of NGV market development in Vietnam.

Edited from press release by Angharad Lock

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