Gazprom, Petrovietnam talk oil and gas collaboration

Alexey Miller of Gazprom and Nguyen Xuan Son, Chairman of the PetroVietnam Oil and Gas Group (PVN) Board of Directors met in Moscow where they discussed 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,” Gazprom said in a statement.

They 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.

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Press Release; Image: Gazprom