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Vietnam, Russia foster cooperation in oil and gas

by VNA12 March 2016 Last updated at 18:29 PM

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Vietnam, Russia foster cooperation in oil and gas
VTV.vn - The long term cooperation and the highly mutual trust between Vietnam and Russia allow the two nations’ oil and gas companies to strengthen cooperative ties.

The Russian News Agency Ria Novosti quoted Foreign Ministry Spokeperson Maria Zakharova as saying on March 11. 

She made the statement after the Rosneft Vietnam Company, an affiliate of Russia’s Rosneft Group, started exploratory drilling offshore Vietnam’s coast early this month. 

Zakharova highlighted the many years of cooperation in fuel and energy between Vietnam and Russia as one of the pillars in their strategic and comprehensive partnership, which is becoming more intensive. 

The two Governments have always paid due attention to collaboration in this field through the meetings of the Vietnam-Russia Inter-Government Committee on economics, trade, science and technology with the latest conference held during November-December 2015 in Hanoi, she added. 

Russia has recently seen stable growth in its oil and gas exports to the Asia-Pacific region, especially last year, according to the Spokeperson.