Vietnam’s PV Gas and Russia’s Zarubezhneft strengthen cooperation

At the meeting, Prime Minister Pham Minh Chinh affirmed that the field of oil and gas and energy cooperation is a symbol of close and effective cooperation between the two countries, actively contributing to the development of each country.

Zarubezhneft Group General Director Sergei Kudryashov reported to Prime Minister Pham Minh Chinh on the results of cooperation between Petrovietnam, PV GAS and Zarubezhneft in Vietnam and Russia. He thanked the Government and Prime Minister of Vietnam for their attention and for facilitating cooperation between Zarubezhneft and Petrovietnam.

He said that after the meeting with the Prime Minister in Hanoi in April 2024, several difficulties and obstacles in bilateral cooperation had been resolved. He expressed the hope that the Vietnamese Government and the Prime Minister personally will continue to consider supporting Petrovietnam and Zarubezhneft to expand cooperation based on mutual benefit following the actual situation.

Prime Minister Pham Minh Chinh welcomed the results of cooperation over the past 40 years between Petrovietnam and Zarubezhneft.

He emphasised that the Vietnamese Government always supports the two countries’ enterprises expanding cooperation, following each country’s laws, which is the basis of the Vietnam-Russia Comprehensive Strategic Partnership and the interests of the people of the two countries.

He expressed his hope that the two sides would promote cooperation in new areas, including tourism, green energy, clean energy, construction and development of infrastructure serving energy-oil and gas cooperation.

The General Director of Zarubezhneft Oil and Gas Group agreed with the direction of Prime Minister Pham Minh Chinh and affirmed that he would closely coordinate with the Vietnam Oil and Gas Group and the Vietnam Gas Corporation to realise the Prime Minister's proposals.

The delegates also witnessed the ceremony of cooperation documents between PV GAS and Zarubezhneft towards future development programmes.