Orenburg hosted the fifth meeting of the Joint Coordinating Committee between Gazprom and Petrovietnam State Oil and Gas Corporation as part of the execution of the Strategic Partnership Agreement signed by the companies.
The meeting was held by the JCC Co Chairmen Mr Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Mr Nguyen Vu Truong Son Vice President of Petrovietnam.
The meeting participants discussed the current cooperation issues concerning hydrocarbons development offshore Vietnam and in the Nagumanovskoye and Severo Purovskoye fields in Russia. The parties expressed their contentment with the Vietgazprom joint operating company and Gazpromviet JV's performance in 2012.
Special attention was paid to the prospects for Russian liquefied natural gas supplies from Vladivostok to Vietnam, as well as the possibility of establishing JV for the NGV fuel use in the Republic. The meeting also addressed the issues of further cooperation in career development and staff retraining.
During the meeting, the companies inked a Sci-Tech Cooperation Agreement providing for the development of joint innovative activities in the Russian and international energy markets. In particular, the parties will extend cooperation in the spheres of gas exploration, production, transmission, underground storage processing, ecology, hydrocarbons distribution and utilization etc.
The meeting resulted in compiling an action plan for the JCC and the Gazprom and Petrovietnam Joint Working Group for 2013. The parties achieved agreements to intensify joint development of hydrocarbon fields in Russia and offshore Vietnam.
Mr Phung Dinh Thuc chairman of the Board of Directors of Petrovietnam State Oil and Gas Corporation and Mr Vitaly Markelov at ceremony of launching hydrocarbon feedstock production from well No3 of Nagumanovskoye field
In the course of the event, Mr Vitaly Markelov deputy chairman of the Gazprom Management Committee and Mr Phung Dinh Thuc chairman of the Board of Directors of Petrovietnam State Oil and Gas Corporation took part in the ceremony of launching production of the first ton of hydrocarbon feedstock from well No3 in the Nagumanovskoye oil and gas condensate field.