Ambassador of Vietnam to Russia visited Zarubezhneft subsidiary in Nenets Autonomous Area
As part of the diplomatic mission of Vietnam in Russia, on October 6-7, the official visit of the Ambassador Extraordinary and Plenipotentiary of Vietnam to the Russian Federation Dang Minh Khoi to the Nenets Autonomous Area to one of the enterprises of the Zarubezhneft Group of Companies took place. The Vietnamese delegation also included the trade advisor of the Vietnamese Embassy in the Russian Federation, Duong Hoang Minh, and the third secretary of the Vietnamese Embassy in the Russian Federation, Nguyen Trung Anh.
The visit was opened by a meeting with the Governor of the Nenets Autonomous Area Yuri Bezdudny, at which the participants discussed the matters of cooperation between Zarubezhneft's subsidiaries and the region and prospects for the development of the Nenets Autonomous Area.
Accompanied by the General Director of the company Sergey Kudryashov, the representatives of the Republic of Vietnam visited the Zarubezhneft's enterprise in NAA - JC RUSVIETPETRO. This November will mark the 15th anniversary of the signing of Declaration on the development of cooperation between the two countries in the area of geological exploration and oil and gas production by the President of the Russian Federation V.V. Putin and the President of Vietnam Nguyen Minh Triet in Hanoi. An agreement was reached on the continuation of the joint work of Zarubezhneft and the Vietnam National Oil & Gas Group (Petrovietnam OGC), as well as on the establishment of a new joint company by Zarubezhneft and Petrovietnam for participation in the development of oil and gas fields in Russia - JC RUSVIETPETRO.
RUSVIETPETRO has 14 fields in development: 301 production, 18 injection and 5 piezometric wells currently have a production potential of more than 8.9 thousand t.o.e. per day, which allows RUSVIETPETRO to be among the leading companies in the development of fields in the Timan-Pechora province. The company employs over 1000 Russian and Vietnamese employees. By 2020, the Company has produced over 28 million tons of oil.
The subsidiary company of Zarubezhneft pays great attention to issues of social support and charitable assistance in the region. In 2009, RUSVIETPETRO signed an agreement on cooperation with the Administration of the NAA in solving social problems. Since that moment, a project for the construction of several significant educational facilities has been implemented.
Sergey Kudryashov, the General Director of Zarubezhneft JSC: “The trip of the Ambassador of Vietnam to the Nenets Autonomous Area to visit the joint venture speaks of the importance of cooperation between our countries in the area of oil production. For us, Vietnam is a key international partner for the long term”.