Vietnam prioritises oil and gas cooperation projects with Russia: PM
The Vietnamese Government always gives the top priority to oil and gas cooperation projects with Russia, said Prime Minister Nguyen Xuan Phuc at a reception for General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hanoi on December 13.
Prime Minister Nguyen Xuan Phuc (R) and General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov (Photo: VNA)
Hanoi (VNA) – The VietnameseGovernment always gives the top priority to oil and gas cooperation projectswith Russia, said Prime Minister Nguyen Xuan Phuc at a reception for GeneralDirector of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hanoi on December13.
The PM described Russia as a reliable partner ofVietnam throughout the history, and welcomed the Russian company’s willingnessto cooperate with Vietnam.
Kudryashov recalled his impression about PMPhuc’s visit to Zarubezhneft headquarters during his official visit to Russiain May 2019.
He informed the PM about the good businessoutcomes of petroleum joint ventures between Zarubezhneft and the Vietnam Oiland Gas Group (PetroVietnam), which are Vietsovpetro in Vietnam andRusvietpetro in Russia.
Zarubezhneft has been actively promoting keycooperation projects in the field of oil and gas between the two sides, hesaid.
Kudryashov thanked the Vietnamese Government andPM Phuc for creating favourable conditions for the two joint ventures tooperate effectively.
He hoped the Vietnamese Government will offermore incentives for other projects of Zarubezhneft in Vietnam.
PM Phuc hailed the effective cooperation betweenVietnam and Zarubezhneft, adding that he will assign the Ministry of Industryand Trade to study some preferential mechanisms for the Russian side in linewith Vietnam’s law to ensure mutual benefits.
He also affirmed the Government’s support andoptimal conditions for Zarubezhneft and PetroVietnam to grow strongly./.
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Prime Minister Nguyen Xuan Phuc (R) and General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov (Photo: VNA) 
