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Vietnam to expand oil and gas exploration in abroad

Vietnam to expand oil and gas exploration in abroad

In order to increase the crude oil output in the following years, the Vietnam National Oil and Gas Group (PetroVietnam - PVN) continues to implement strategy of investment on petroleum activities in abroad.

As known that PVN is continuing to deploy positively projects in Algeria, Mongolia, Malaysia, Russia, Iraq, Venezuela, Cuba and Iran.

Simultaneously, the company also continues seeking TKTD contracts with partners such as Gazprom, Zarubernheft and other partners in Russia, Kazakhstan ... with diversified investment include buying full or a part of shares of fields.
 

Source: Xangdau.net