Gazprom and PetroVietnam hold talks on joint ventures, future growth
MOSCOW -- A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tran Sy Thanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow.
The parties discussed a wide range of joint efforts, including geological exploration and hydrocarbon production in Vietnam, as well as the prospects of joint projects in gas-fired power generation, the use of gas as a vehicle fuel, and staff training.
It was noted that the Moc Tinh and Hai Thach fields were expected to produce 2 Bcmg (target level) in 2018.
Alexey Miller and Tran Sy Thanh reviewed the progress of the joint project for the construction of a small-scale LNG production complex, which would produce LNG for the NGV market, and a network of CNG filling stations. To date, marketing studies and a feasibility report had been completed for the project.