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Zarubezhneft wants to build an energy center in Vietnam

Zarubezhneft Company wishes to expand cooperation to other fields, such as energy, minerals, and especially wishes to build an energy center in Vietnam.

Báo Công thươngBáo Công thương27/11/2025

On the afternoon of November 27, Prime Minister Pham Minh Chinh received General Director of Zarubezhneft Company (Russian Federation) Sergei Kudryashov who is visiting and working in Vietnam.

The Vietnamese government supports Petrovietnam and Zarubezhneft to continue researching and expanding investment activities. Photo: VGP/Nhat Bac.

The Vietnamese government supports Petrovietnam and Zarubezhneft to continue researching and expanding investment activities. Photo: VGP/Nhat Bac.

Welcoming General Director Sergei Kudryashov's visit and work in Vietnam, Prime Minister Pham Minh Chinh said that Vietnam always considers oil and gas cooperation as one of the main pillars of the Vietnam - Russian Federation Comprehensive Strategic Partnership, in which the traditional and trustworthy cooperation between Petrovietnam and Zarubezhneft plays an important role.

Thanking Russia for always standing side by side and supporting Vietnam in the process of gaining national independence and building and developing the country, the Prime Minister said that the joint projects between Petrovietnam and Zarubezhneft not only bring economic efficiency, but also contribute to strengthening strategic trust, enhancing energy security, training human resources and improving technological capacity for Vietnam. The Vietnamese Government always cares about and supports the joint ventures Vietsovpetro and Rusvietpetro, demonstrated through many intergovernmental agreements and protocols on facilitating the operations of joint ventures.

The Vietnamese Government supports Petrovietnam and Zarubezhneft to continue researching and expanding investment activities on the principle of ensuring investment efficiency and harmonizing interests between related parties, complying with the provisions of Vietnamese law. The Prime Minister suggested that the two sides continue to discuss and seek measures to further improve the operations of joint ventures, promptly removing obstacles in the cooperation process in a constructive and friendly spirit.

Expressing his gratitude to the Prime Minister for taking the time to receive the delegation, General Director of Zarubezhneft Company Sergei Kudryashov highly agreed with the Prime Minister's opinions and shared his condolences for the losses suffered by the Vietnamese people due to natural disasters and floods in recent times.

Reporting to the Prime Minister on the results of cooperation between Zarubezhneft and Petrovietnam, General Director Sergei Kudryashov said that, along with oil and gas cooperation with Vietnam, specifically with Petrovietnam expanding projects, Zarubezhneft Company wishes to expand cooperation to other fields, such as energy , minerals, and especially wishes to build an energy center in Vietnam.

The Prime Minister welcomed Zarubezhneft's desire to participate in new energy and oil and gas projects in addition to those within the framework of the Vietsovpetro joint venture. Vietnam always creates favorable conditions for Russian oil and gas companies, including Zarubezhneft, to operate in Vietnam in the oil and gas sector. At the same time, he said that Vietnamese ministries and branches are currently considering the proposals of Petrovietnam and Zarubezhneft to create more favorable conditions for the expansion of the Vietsovpetro and Rusvietpetro joint ventures in Vietnam and the Russian Federation.

Believing that with the determination of the leaders of the two countries and the efforts of businesses, oil and gas cooperation will continue to develop strongly, bringing practical benefits to the people of the two countries, the Prime Minister suggested that the two sides actively implement the signed documents; maintain a regular working mechanism to remove difficulties and promote projects.

The Prime Minister suggested that Zarubezhneft continue to pay attention to and facilitate Rusvietpetro's operations in Russia, possibly expanding its operating area, acquiring new oil and gas fields and potential blocks to make the most of existing infrastructure, technology and human resources, improving logistics conditions, taxes and fees when necessary; improving Vietsovpetro's efficiency, ensuring reasonable output, and investing in exploration in new potential blocks.

Promote cooperation in LNG, LNG supply chain, LNG port warehouse; transfer of depleted mine exploitation technology, deep drilling technology, difficult drilling technology; consider cooperation in the fields of renewable energy, hydrogen, new materials; cooperate in training high-quality human resources for Vietnam. In particular, the two sides will study investment cooperation and deploy oil and gas services in third countries.

Nguyen Hanh


Source: https://congthuong.vn/cong-ty-zarubezhneft-muon-xay-dung-trung-tam-nang-luong-tai-viet-nam-432404.html


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