14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
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State President extends Tet greetings to workers of Bach Ho field

President Truong Tan Sang visited the Central Technology Platform No 2 under the Oil & Gas Production Enterprises (OGPE), an affiliating unit of the Vietnam – Russia Join Venture (VietsovPetro) on February 9, the second day of the traditional Lunar New Year (Tet) holiday.

The workers of the Central Technology Platform No 2 are responsible for collecting, treating, and transporting oil at the Bach Ho (white tiger) field.
 
President Truong Tan Sang visits the Oil & Gas Production Enterprises, an affiliating unit of the Vietnam – Russia Join Venture (VietsovPetro).
President Truong Tan Sang visits the Oil & Gas Production Enterprises, an affiliating unit of the Vietnam – Russia Join Venture (VietsovPetro).
At the meeting, the President extended his New Year greetings to the workers and hoped they would strengthen solidarity to overcome difficulties for the sector’s growth.
President Truong Tan Sang stressed that the oil and gas production and exploitation as specific activities, which cover not only business but also political missions and national sovereignty safeguarding.
The State leader proposes the oil and gas sector establish a stabilisation fund to map out business plans and balance incomes for workers given difficulties caused by the declining global oil prices.
President Sang affirmed VietsovPetro plays an important role in the field’s activities, and adding that the enterprise’s development reflects the sound traditional cooperation between Vietnam and Russia.
Director General of 
VietsovPetro Tu Thanh Nghia said the enterprise strives to implement better its performance in this year, that is forecast to be a difficult year for the sector.
He stated that the joint venture will also work to stabilise lives of workers, and contribute more to the national socio-economic development.
At present, VietsovPetro consists of 15 member units with 6,800 employees. In 2015, it exploited more than 5.1 million tonnes of crude oil, brought ashore more than 1.4 billion cubic meters of gas and its total revenue reached more than 2.19 billion USD.
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