Vietnam supports oil and gas cooperation expansion with Russia
VOV.VN - Vietnam supports and will continue to facilitate the expansion of oil and gas cooperation with Russia, particularly through the joint ventures Vietsovpetro and Rusvietpetro, Prime Minister Pham Minh Chinh told Sergei Kudryashov, General Director of Russia’s oil and gas company Zarubezhneft.
Receiving the General Director in Hanoi on November 27, the Prime Minister emphasised that oil and gas cooperation has always been one of the most important pillars of the Comprehensive Strategic Partnership between Vietnam and Russia.
He noted that joint projects between the Vietnam Oil and Gas Group (PVN) and Zarubezhneft not only generate strong economic benefits but also help reinforce strategic trust, enhance energy security, and improve Vietnam’s technological capacity.
The Vietnamese Government has adopted various agreements and intergovernmental protocols to support the operations of the joint ventures and will continue addressing obstacles in the spirit of friendship and mutual benefit, the PM told his guest.
He said relevant ministries and agencies are reviewing new proposals from PVN and Zarubezhneft, and welcomed Russia’s interest in participating in additional energy and oil–gas projects beyond the Vietsovpetro framework.
He asked both sides to accelerate the implementation of signed documents, maintain regular working mechanisms, support Rusvietpetro in expanding its operations in Russia, and consider accessing new oil and gas fields and nearby potential blocks.
Emphasizing that Vietnam–Russia oil and gas cooperation can grow along the entire value chain, the Prime Minister called for further collaboration in areas such as LNG, LNG port and storage infrastructure, LNG supply chains, as well as greater technology transfer and joint development of oil and gas services in third countries.
For his part, Kudryashov expressed the company’s desire to expand oil and gas projects with PVN, while also broadening cooperation into other sectors such as energy and minerals. He revealed Zarubezhneft’s ambition to develop an energy centre in Vietnam.
Energy, oil and gas cooperation an important pillar of Vietnam-Russia partnership: PM
Prime Minister Pham Minh Chinh described energy and oil-gas cooperation as an important pillar of the Vietnam-Russia comprehensive strategic partnership while receiving Russian Minister of Energy Sergey Tsivilev in Kazan on October 23.
