Attending the meeting on behalf of Petrovietnam were Vice President Le Ngoc Son, Office Manager Tran Binh Minh, Deputy Head of Petroleum Contract Management Division Hoang Anh Tuan, Deputy Head of Electricity and Renewable Energy Division Nguyen Thanh Binh, PV Gas General Director Hoang Van Quang and PV Gas Deputy General Director Nguyen Thanh Binh.
On Gazprom EP International’s side, there were General Director Tumanov Sergey Victorovich, Deputy General Directors and Heads of Divisions in the Company.
Petrovietnam President and CEO Le Manh Hung: Petrovietnam always supports and highly appreciates Gazprom’s efforts in exploration activities on the continental shelf of Vietnam
Opening the meeting, General Director of Gazprom EP International Tumanov expressed his pleasure to meet Petrovietnam President and CEO during his business trip to the Russian Federation. Mr. Tumanov briefly presented the implementation process of 04 Oil and Gas Projects of Gazprom Group in Vietnam, including the Oil and Gas Exploration Project at Blocks 129-132; Oil and Gas Exploration and Production Project at Blocks 05-2, 05-3; Bao Vang field integrated development project at Blocks 111/04, 112, 113; Fuel project for gas engines (PVGAZPROM NGV).
Gazprom EP International leader also raised difficulties and obstacles in the process of implementing 4 projects, and expressed the wish to receive support from Petrovietnam in promoting the implementation of projects in Vietnam.
Thanking the welcome of Gazprom EP International leaders, President and CEO Le Manh Hung acknowledged the long-term presence of Gazprom Group in Vietnam and affirmed that Petrovietnam always supported and appreciated Gazprom’s efforts in the exploration activities on the continental shelf of Vietnam.
Petrovietnam’s delegation worked with leaders of Gazprom EP International
Sharing about Gazprom’s obstacles and difficulties in oil and gas projects in Vietnam, President and CEO Le Manh Hung suggested the two sides should focus on coordination and promote necessary conditions for effective implementation, ensuring progress according to the plan set out for each Gazprom project in Vietnam.
Also at the meeting, leader of Gazprom EP International emphasized the need for preferential mechanisms and policies from Vietnam, as a basis for Gazprom EP International to ensure
General Director of Gazprom EP International Tumanov Sergey Victorovich expressed the need for preferential mechanisms and policies from Vietnam, as a basis for Gazprom EP International to ensure investment efficiency in Vietnam
Noting the proposals from Gazprom EP International, President and CEO Le Manh Hung expressed his understanding of Gazprom’s risks in a number of specific projects in Vietnam, and affirmed that Petrovietnam fully believed in the potential of Russia to jointly implement oil, gas and energy projects in the East Sea. President and CEO Le Manh Hung added that Petrovietnam would accompany Gazprom in the process of working with Vietnamese competent authorities to further promote the approval of procedures related to projects.
Recognizing and appreciating the results obtained during the cooperation between Petrovietnam and Gazprom EP International, the two sides also discussed oil and gas exploration in the territory of the Russian Federation within the framework of Gazpromviet’ activities. President and CEO Le Manh Hung said that Petrovietnam’s active participation in oil and gas projects in Russia was in compliance with the investment policy of the Vietnamese Government in the Russian market; and Petrovietnam would soon report to the competent authorities to resolve all strategic issues in cooperation with Russia.
At the end of the meeting, the leader of Gazprom EP International respectfully invited President and CEO Le Manh Hung and members of PVN delegation to have lunch at Radisson Collection hotel. The invitation was happily accepted by Mr. Le Manh Hung.