Gazprom and PetroVietnam discuss natural gas cooperation

Gazprom hosted a working meeting between Alexey Miller, Gazprom Chairman and Nguyen Xuan Son, Chairman of PetroVietnam Board of Directors.

The parties addressed the bilateral cooperation in the gas sector, particularly the joint development of hydrocarbon resources in Vietnam and Russia.

The participants praised the joint gas production from Moc Tinh and Hai Thach located on the Vietnamese shelf and noted that the fields would reach their full capacity in 2016.

The focus was also placed on the issues of the NGV market development in Vietnam, with a consideration on the use of LNG and CNG as small-scale fuel.

Adapted from press release by Katie Woodward

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