Petrovietnam Deputy General Director Le Manh Cuong received Deputy Minister of Foreign Trade and Foreign Investment of Cuba

Petrovietnam Deputy General Director Le Manh Cuong received Deputy Minister of Foreign Trade and Foreign Investment of Cuba

Also attending the reception were Mr. Rogelio Polanco Fuentes, Cuban Ambassador to Vietnam and representatives of the Cuban Embassy.

On Petrovietnam's side, there were representatives of the leaders of the specialized departments/Group Office and representatives of the leaders of the Oil and Gas Exploration and Production Corporation (PVEP).

Petrovietnam Deputy General Director Le Manh Cuong received Cuban Deputy Minister of Foreign Trade and Foreign Investment Deborah Rivas Saavedra.

At the meeting, Petrovietnam Deputy General Director Le Manh Cuong welcomed Ms. Deborah Rivas Saavedra and the delegation who visited and worked at the Group. Mr. Le Manh Cuong shared that, as a leading State-owned economic group, holding a core position in ensuring national energy security, Petrovietnam aims to develop into a national Industry - Energy Group. The Group aims to not only maintain and improve operational efficiency in traditional energy sectors but also strongly participate in the new energy and renewable energy value chain, especially research in the field of offshore wind power.

Mr. Le Manh Cuong said that the Party and State leaders have directed State corporations, including Petrovietnam, to support and help Cuba overcome difficulties in solving the energy problem. Petrovietnam leaders also expressed their goodwill in helping Cuba.

Petrovietnam Deputy General Director Le Manh Cuong presented a souvenir to Cuban Deputy Minister of Foreign Trade and Foreign Investment Deborah Rivas Saavedra.

Deputy Minister of Foreign Trade and Foreign Investment of Cuba Deborah Rivas Saavedra thanked Petrovietnam leaders for taking the time to receive the delegation, and said that Cuba is currently facing some difficulties in the energy sector, especially electricity. Recently, Cuba has experienced power outages, stemming from a lack of fuel and materials at power plants built during the former Soviet Union, leading to difficulties in regular maintenance and a lack of spare parts. In addition, US embargo policies have restricted Cuba's access to financial resources and the import of input materials.

To address the above issues, the Cuban Government has issued more preferential policies to attract foreign businesses to invest, including Petrovietnam. Ms. Deborah Rivas Saavedra expressed her pleasure that Petrovietnam will support Cuba in researching renewable energy solutions. In the immediate future, the two sides need to conduct research on feasible exploration projects so that experts have more information to specifically assess the oil and gas potential in Cuba. She affirmed that she will fully support Petrovietnam and CUPET to connect and cooperate in building roadmaps and implementing energy projects in the coming time.

Petrovietnam Deputy General Director Le Manh Cuong presented a souvenir to Mr. Rogelio Polanco Fuentes - the new Ambassador Extraordinary and Plenipotentiary of Cuba to Vietnam.

Mr. Rogelio Polanco Fuentes - the new Ambassador Extraordinary and Plenipotentiary of Cuba to Vietnam emphasized the friendship, cooperation and close relationship between Vietnam and Cuba that has lasted for more than 64 years; and expressed his joy at the results of Petrovietnam's activities in recent years. Mr. Rogelio Polanco Fuentes pledged with his feelings and responsibilities to support and create conditions for Petrovietnam and its member units to exchange information and seek investment cooperation opportunities in Cuba.

Minh Duc

Source: https://www.pvn.vn/chuyen-muc/tap-doan/tin/0146a47f-e532-4a2b-826a-2f2f97136c8b