Tiếng Việt
Under the long-term developing cooperation plan between Vietnam National Oil and Gas Group (Petrovietnam) and Venezuela National Oil and Gas Group (PDVSA), on the occasion of the visit of Vietnamese President Nguyen Minh Triet to Venezuela,
Petrovietnam Exploitation and Production Corporation (PVEP) had signed a memorandum of understanding with PDVSA on the establishment of the joint venture (JV) and contract to exploit oil field Junin 2 in Venezuela with the approximately exploitation ammount of 10 million tonnes per year.
Also in this occasion, PVTrans and Petrovietnam had met PDVSA and PDV Marina to consider the establishment of the Vietnam – Venezuela JV for transportation of crude oil from Venezuela to Long Son refinery located in Ba Ria – Vung Tau (Vietnam) if the 3rd Refinery JV between Petrovietnam and PDVSA is established in Vietnam.
VTT-Admin Dept
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