Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
Gazprom CEO says North Stream-2 pipeline proves relevanceBusiness & Economy January 20, 19:10
More survivors found in avalanche-hit Italian hotel — mediaWorld January 20, 18:48
Donald Trump takes office as 45th US PresidentWorld January 20, 18:21
SOCHI, May 15 (Itar-Tass) - Rosneft and PetroVietnam signed a memorandum of understanding (MoU) with regard to joint projects in Russia and Vietnam.
The document was signed after a meeting between President Vladimir Putin and Vietnamese Prime Minister Nguyen Tan Dung on Wednesday, May 15.
“As part of this cooperation we will implement joint projects in the Russian Federation as well,” Rosneft President Igor Sechin said. “Today I gave our colleagues from PetroVietnam proposals regarding cooperation at eight license areas in the Pechora Sea.”
Sechin said Rosneft was also considering several production projects in Eastern Siberia, Yakutia, Irkutsk Region, and Krasnoyarsk Territory.
Rosneft and PetroVietnam signed a production sharing agreement for the development of the offshore license area 0.5.3.11 in Vietnam.
Igor Sechin said Rosneft would invest 27 million U.S. dollars in geological prospecting in the area before the end of the year.
He also said that Rosneft has no plans to increase its investment programme.