OREANDA-NEWS. On September 12, the Gazprom Headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management, and Nguyen Tan Dung, Prime Minister of the Socialist Republic of Vietnam, the company's information division reported.

The parties discussed issues related to the hydrocarbon reserves development in Vietnam offshore. Particularly the meeting greatly appreciated the results of prospecting activities in block 112 performed by Vietgazprom, a joint operating company of Gazprom and Vietnam Oil and Gas Corporation Petrovietnam.

The participants examined a number of prospecting liness for joint activities including hydrocarbon production and processing projects in Vietnam and third countries.

“I am sure that Russian-Vietnam partnership in the oil and gas sector will make a special contribution to further trade and economic development of our countries,” said Nguyen Tan Dung.

“The Republic of Vietnam is a promising hydrocarbon production region for Gazprom, where we have received the first successful prospecting results thanks to joint effort of Gazprom and our Vietnam colleagues,” said Alexey Miller.

Reference:

Prospecting activities in  'block 112',  off-shore the Socialist Republic of Vietnam, are performed by Vietgazprom, the Joint Operating Company of Gazprom and Vietnam Oil and Gas Corporation Petrovietnam, according to the agreements of 2000 and 2006 years. The agreements stipulate hydrocarbon prospecting, exploration, production and marketing. Pursuant to the agreements, the parties also are to promote interaction within promising projects in third countries, including while exploring and developing gas and oil fields.