Press release: Over 6 billion cubic meters of hydrocarbons produced from Vietnam’s Moc Tinh and Hai Thach fields since 2013
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Vu Truong Son, CEO and Member of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow today.
The meeting addressed the ongoing and future cooperation between the companies. Among other things, the participants discussed the joint hydrocarbon production efforts in Vietnam. It was noted that the cumulative output of the Moc Tinh and Hai Thach fields had totaled some 6.6 billion cubic meters since 2003 when Gazprom Group joined the project. In 2016, the parties achieved their yearly goals for hydrocarbon production (2 billion cubic meters) ahead of schedule. It was also stressed at the meeting that Gazprom International and PetroVietnam had completed the five-year program for drilling operations in December 2016, with a total of 16 development wells drilled at Vietnam's fields in compliance with the development plan.
The parties also addressed the prospects of their joint projects in the gas-fired power generation and NGV sectors.
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