US declaration on UN reform is not organization’s document - LavrovRussian Politics & Diplomacy September 24, 13:34
US not to strike on DPRK as it is aware Pyongyang has nuclear weapon - LavrovRussian Politics & Diplomacy September 24, 13:32
US forces assist Syrian opposition force in crossing IS positionsRussian Politics & Diplomacy September 24, 12:55
Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
The stake of Rosneft in the JV will be 66.67% and that of PetroVietnam 33.33%.
The accord has been reached under the agreement on main terms for cooperation in geological study, prospecting for and production of hydrocarbon fuel on the shelf of the Pechora Sea in the Yuzhno-Russkiy and Western Matveyevskoye license sectors. The two companies signed the agreement on November 12, 2013, during Russian President Vladimir Putin's visit to Vietnam.
The overall extractable resources in the two sectors are estimated at 367 million tonnes of oil and 64 billion cubic metres of gas; those in ABC1+C2 category 13 million tonnes of oil, and 52 billion cubic metres of gas. The programme for geological prospecting in the two sectors presupposes drilling of five exploratory wells and the conduct of seismic survey.
Rosneft currently participates in projects to produce gas and condensate in two blocks on the shelf of Vietnam. The Rosneft Pipeline B.V. Company also owns 32.7% in the "Nam Con Son Pipeline" project which transports hydrocarbon fuel from the Nam Con Son oil and gas bearing area to the shore energy production facilities.