Vietnam and the Russian Federation plan to develop cooperation in the field of oil, gas and geological exploration
Posted on October 12th, 2023

Courtesy Pravda

Russia and Vietnam intend to deepen their cooperation in the field of energy, including the supply and joint production of oil and gas resources, the development of the coal industry and cooperation in the electric power industry. There are also plans to modernize and build new energy facilities in Vietnam. This information was provided by the Russian Ministry of Energy, TASS reports.Vietnam and the Russian Federation plan to develop cooperation in the field of oil, gas and geological explorationPhoto: Openverse

As part of the Russian Energy Week, Russian Energy Minister Nikolay Shulginov met with Vietnamese Minister of Industry and Trade Nguyen Hong Dien and signed protocols to existing intergovernmental agreements. These agreements are aimed at developing geological exploration and production of oil and gas on the continental shelf of Vietnam.

The head of the Russian Ministry of Energy also emphasized significant progress in the field of renewable energy.

Agreements have been reached between Russian and Vietnamese companies on the construction of wind farms in Vietnam,” he noted.

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