Vietnam, Russia eye gas exploration

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HA NOI: Prime Minister Nguyen Tan Dung expressed support for cooperation between Viet Nam and Russia in exploring oil and gas resources as he also urged collaboration between their corporate counterparts, PetroVietnam and Zarubezneft. During a reception in Ha Noi Thursday for Zarubezneft General Director Sergey Kudryashov, the Prime Minister expressed support for the joint company proposal to expand oil and gas surveys and exploration in the two countries’ new blocks, adding that he has requested accelerated negotiations to promptly sign an inter-governmental agreement on a joint oil and gas production venture. He also thanked President Vladimir Putin and Prime Minister Dmitry Medvedev for their support of oil and gas collaboration between Viet Nam and Russia, which included offering tax incentives for Rusvietpetro’s operation in several blocks in the Nhenhexky autonomous region.

PNA

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