Continue to promote oil and gas and energy cooperation between Vietnam and the Russian Federation

(Chinhphu.vn) - On the morning of June 19, Deputy Prime Minister Tran Hong Ha received Mr. Sergey Kudryashov, General Director of Zarubezhneft Oil and Gas Company.

Deputy Prime Minister Tran Hong Ha received Mr. Sergey Kudryashov, General Director of Zarubezhneft Oil and Gas Company - Photo: VGP/Minh Khoi

The Deputy Prime Minister highly appreciated the performance of joint ventures between Zarubezhneft and the Vietnam National Oil and Gas Group (PVN) in recent times, making an important contribution to the economic relations between Vietnam and Russia; he hoped that Zarubezhneft and PVN would have practical proposals to further enhance the stature of cooperation in oil and gas and energy, a field that is of interest to the senior leaders of the two countries. According to the Deputy Prime Minister, in recent times, the Government and the Prime Minister have closely directed all levels and sectors to resolve difficulties and obstacles, including amending, supplementing and perfecting relevant legal documents, and cutting unnecessary procedures. The Deputy Prime Minister said that ministries, sectors, Zarubezhneft and enterprises and partners need to continue to incorporate the principles of the comprehensive and especially trustworthy cooperative relationship between the two countries into the process of implementing new investment and cooperation projects in Vietnam. The Deputy Prime Minister hopes that Zarubezhneft will pay attention to investing in renewable energy projects such as offshore wind power, producing new fuels such as green hydrogen, green ammonia, etc. and taking advantage of the infrastructure and facilities of oil and gas rigs.

Deputy Prime Minister hopes Zarubezhneft will pay attention to investing in renewable energy projects - Photo: VGP/Minh Khoi

"Vietnam and the Russian Federation still have a lot of room for cooperation in the energy sector. Zarubezhneft and PVN need to prioritize investment, research, and mastering technology to produce new green fuels from renewable energy. This is the "key" to the world's green transformation," said the Deputy Prime Minister. Thanking the Deputy Prime Minister for taking the time to meet him, Mr. Sergey Kudryashov reported to the Deputy Prime Minister on the operations of the Vietsovpetro and Rusvietpetro joint ventures between Zarubezhneft and PVN as well as a number of other projects in the oil and gas and energy sectors in Vietnam, thereby making important contributions to the bilateral trade turnover between the two countries. Zarubezhneft leaders made a number of recommendations and proposals to the Government to direct ministries and branches to continue to support the removal of difficulties and obstacles, creating a favorable environment and conditions for investment and business activities of the foreign business community in Vietnam. Source : https://baochinhphu.vn/tiep-tuc-thuc-day-hop-tac-dau-khi-nang-luong-viet-nam-lien-bang-nga-102240619095737537.htm