Prime Minister (PM) Nguyen Tan Dung received Russia's Zarubezneft General Director Sergey Kudryashov in Hanoi on September 25 during his working visit to Vietnam.
At the meeting, Prime Minister Dung highly appreciated the successful co-operation in oil and gas between the Vietnam and Russia, especially in the typical cooperative projects between Vietnam Oil and Gas Corporation (Petro Vietnam) and Zarubezneft in Vietnam as well as in Russia.
He has committed all possible support to oil and gas cooperation between the two countries as well as between their national oil and gas companies – PetroVietnam and Zarubezneft.
The PM expressed support for the two companies’ proposal to expand oil and gas survey and exploration in the two countries’ new blocks.
PM Dung also thanked President Vladimir Putin and Prime Minister Dmitry Medvedev for their support of oil and gas collaboration between Vietnam and Russia, including offering tax incentives for Rusvietpetro’s operation in several blocks in Nhenhexky autonomous region.
During the reception, General Director Sergey Kudryashov affirmed that Zarubezneft wishes to strenghthen a strategic and long-term cooperation with PetroVietnam, including the expansion of exploration and exploitation of oil and gas.
The General Director also wished the two countries will sign an inter-governmental agreement on oil and gas survey and exploration as early as possible.
Kudryashov said that Rusvietpetro joint venture has launched a successful oil and gas project in northern Russia’s Nhenhexky autonomous zone.
Rusvietpetro has pumped 8.78 million tonnes of oil, reaching nearly 4.6 billion USD in revenue and 1 billion USD in after-tax profit since September 2010. It plans to put two more oil fields into operation and double its total capacity.
In particular, the Russian government is also ready to provide 1.2 billion USD in natural resource tax waive and reduction for Rusvietpetro, he added.
Prime Minister Nguyen Tan Dung meets with Russia's Zarubezneft General Director Sergey Kudryashov.
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He has committed all possible support to oil and gas cooperation between the two countries as well as between their national oil and gas companies – PetroVietnam and Zarubezneft.
The PM expressed support for the two companies’ proposal to expand oil and gas survey and exploration in the two countries’ new blocks.
PM Dung also thanked President Vladimir Putin and Prime Minister Dmitry Medvedev for their support of oil and gas collaboration between Vietnam and Russia, including offering tax incentives for Rusvietpetro’s operation in several blocks in Nhenhexky autonomous region.
During the reception, General Director Sergey Kudryashov affirmed that Zarubezneft wishes to strenghthen a strategic and long-term cooperation with PetroVietnam, including the expansion of exploration and exploitation of oil and gas.
The General Director also wished the two countries will sign an inter-governmental agreement on oil and gas survey and exploration as early as possible.
Kudryashov said that Rusvietpetro joint venture has launched a successful oil and gas project in northern Russia’s Nhenhexky autonomous zone.
Rusvietpetro has pumped 8.78 million tonnes of oil, reaching nearly 4.6 billion USD in revenue and 1 billion USD in after-tax profit since September 2010. It plans to put two more oil fields into operation and double its total capacity.
In particular, the Russian government is also ready to provide 1.2 billion USD in natural resource tax waive and reduction for Rusvietpetro, he added.
