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Strenghthening the Cooperation between Vietnam and UAE in Petroleum sector

Strenghthening the Cooperation between Vietnam and UAE in Petroleum sector - 

From April 6th to 8th April 2014, the second meeting term of the Inter-government Committee on Vietnam - UAE cooperation was held in Abu Dhabi Capital and Dubai City of the United Arab Emirates (UAE).    

Plenary Meeting of Vietnam- UAE Inter- government Committee

Minister of Industry and Trade of Vietnam Vu Huy Hoang and Minister of Economy of UAE Sultan Bin Saeed Al Mansoori were the Co-Chaired the meeting. Participants in the meeting were representatives of concerned sectors of two countries including Petrovietnam mission team headed by Deputy Director General Nguyen Quoc Thap and mission group. At the meeting, two sides discussed and agreed significant issues on the cooperation in order to further promote the friendship relation and multifarious cooperation between the two countries in the fields of diplomacy, trade, industry, energy, agriculture, investment, finance, labour, culture, tourism and especially in oil and gas sector.

Minister of Industry and Trade Vu Huy Hoang and UAE Minister of Economy Sultan Bin Saeed Al Mansoori signed the Minutes of Meeting

Minister of Industry and Trade Vu Huy Hoang and Vice President Nguyen Quoc Thap worked with UAE Minister of Energy and Chairmanof Mubadala Group Suhail Bin Mohammed Al Mazrouei

During the working time in UAE, As a guest, Deputy Director General Nguyen Quoc Thap took part in 2014 Annual Investment Meeting (AIM 2014) held by UAE Government. Besides, the PVN leaders participated in the working meeting of Minister of Industry and Trade of Vietnam Vu Huy Hoang and Minister of Energy of UAE, holding the Chairman of Mubadala Suhail Group Bin Mohammed Al Mazrouei and also had a working meeting with the Executive Director General of Mubadala Petroleum Company (Mubadala Petroleum) Maurizio La Noce.

Deputy Director General Nguyen Quoc Thap worked with Mr. Maurizio La Noce, Director General of Mubadala Petroleum

Two sides agreed to continue creating favourable conditions for PVN and Mubadala to promote cooperation in exploration, exploitation and processing oil and gas in Viet Nam as well as in the third country.

At present, Mubadala Group has been explorating petroleum at several lots offshore continental shelf Of Vietnam. Besides, two sides will facilitate PVN to strenghthen cooperations with other partners of UAE on trading oil and gas, LPG products and providing technical services related to petroleum in UAE in the coming time.

Vietnamenergy.vn

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