tonnes of crude oil for the PetroVietnam Oil Corporation (PV Oil) via
the Eastern Siberia-Pacific Ocean (ESPO) in November this year.
To this effect, a contract was signed between PV Oil General Director
Nguyen Xuan Son and Deputy Chairman of TNK-BP’s Management Board Maksim
Barskiy in Moscow on September 29 at the presence of Vietnamese
Deputy Prime Minister Hoang Trung Hai.
Speaking
after the signing ceremony, Deputy PM Hai expressed his hope that the
partnership between PV Oil and TNK-BP will further develop and harvest
more results in the future.
He stressed that the
signing of the ESPO crude oil contract will be the foundation for the
two sides to expand cooperation, including the exchange of experiences
in crude oil trading and processing.
The Deputy PM
declared that the Vietnamese government supports the cooperation
between PetroVietnam and TNK-BP in exploring and exploiting oil and gas
in the two countries’ territories and in third countries.
PV Oil General Director Nguyen Xuan Son said he hoped that after the
signing, TNK-BP will continue to participate in oil processing, refinery
and distribution in Vietnam .
The contract was
an initial step for the two companies to sign other agreements in order
to boost cooperation and mutual investment, he added.
According to PetroVietnam General Director Phung Dinh Thuc,
PetroVietnam considers Russia a strategic area and with the
contract, TNK-BP has become the third biggest partner of PetroVietnam
and PV Oil, after Zarubezhneft and Gazprom.
He
informed that the first oil stream resulting from the cooperation
between PetroVietnam and Zarubezhneft will run in the next several days.
PetroVietnam has so far signed 20 oil and gas contracts with foreign companies, he added./.
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