South China Sea Forum
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Gazprom and PetroVietnam to drill first deep-water well offshore Vietnam this year
RELEASE
May 6, 2015, 13:30
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors.
At meeting
Enlarged photo (JPG, 3 MB)
The meeting addressed the main issues of the bilateral cooperation in hydrocarbon development, particularly the joint activities in blocks Nos. 129–132 in the continental shelf of Vietnam. The geological and geophysical data was processed and hydrologic studies were completed at the drilling sites. The drilling of a prospecting well in block No. 129 is scheduled to start in the second half of 2015. It would be the first deep-water well offshore Vietnam with the sea depth exceeding 1,600 meters at the drilling sites.
Alexey Miller
Enlarged photo (JPG, 1 MB)
Nguyen Xuan Son
Enlarged photo (JPG, 3 MB)
The participants also paid attention to the progress with the Heads of Agreement on developing the Nagumanovskoye (Orenburg Region) and Severo-Purovskoye (Yamal-Nenets Autonomous Area) fields.
In addition, the meeting touched upon the possible acquisition of a stake in Vietnam’s Dung Quat oil refinery by Gazprom and its participation in the refinery upgrade. It was noted that the Heads of Agreement on the oil refinery stake provided Gazprom with an exclusive right to negotiate the deal.
Enlarged photo (JPG, 2 MB)
Background
Vietgazprom, joint operating company of Gazprom and PetroVietnam, is engaged in exploration activities in blocks No. 112, 129, 130, 131, 132 located on the continental shelf of Vietnam. In 2013 Gazprom and PetroVietnam launched commercial gas production from the Moc Tinh and Hai Thach fields of licensed blocks 05.2 and 05.3 offshore Vietnam, with recoverable gas and condensate reserves amounting to 35.9 billion cubic meters and 15.2 million tons respectively.
In 2014 Gazprom and PetroVietnam signed the Framework Agreement on terms and conditions of the joint development of the Nagumanovskoye and Severo-Purovskoye fields.
The Nagumanovskoye oil, gas and condensate field holds 5.8 billion cubic meters of proven in-place gas reserves, 1,683 thousand tons of recoverable condensate reserves and 960 thousand tons of recoverable oil reserves. The proven in-place gas reserves of the Severo-Purovskoye gas and condensate field account for 45.5 billion cubic meters, the recoverable condensate reserves – 6,826 thousand tons. Gazpromviet holds a subsurface use license for both fields (Gazprom – 51 per cent, PetroVietnam – 49 per cent).
Dung Quat, Vietnam’s only oil refinery, has an output of 6.5 million tons per year.
In late 2014 Gazprom Neft and Binh Son Refining and Petrochemical signed the long-term agreement on delivering ESPO oil to Dung Quat.
In April 2015 Gazprom Neft and PetroVietnam signed the Heads of Agreement on acquiring a stake in the oil refinery by Gazprom Neft.
RELEASE
May 6, 2015, 13:30
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors.
At meeting
Enlarged photo (JPG, 3 MB)
The meeting addressed the main issues of the bilateral cooperation in hydrocarbon development, particularly the joint activities in blocks Nos. 129–132 in the continental shelf of Vietnam. The geological and geophysical data was processed and hydrologic studies were completed at the drilling sites. The drilling of a prospecting well in block No. 129 is scheduled to start in the second half of 2015. It would be the first deep-water well offshore Vietnam with the sea depth exceeding 1,600 meters at the drilling sites.
Alexey Miller
Enlarged photo (JPG, 1 MB)
Nguyen Xuan Son
Enlarged photo (JPG, 3 MB)
The participants also paid attention to the progress with the Heads of Agreement on developing the Nagumanovskoye (Orenburg Region) and Severo-Purovskoye (Yamal-Nenets Autonomous Area) fields.
In addition, the meeting touched upon the possible acquisition of a stake in Vietnam’s Dung Quat oil refinery by Gazprom and its participation in the refinery upgrade. It was noted that the Heads of Agreement on the oil refinery stake provided Gazprom with an exclusive right to negotiate the deal.
Enlarged photo (JPG, 2 MB)
Background
Vietgazprom, joint operating company of Gazprom and PetroVietnam, is engaged in exploration activities in blocks No. 112, 129, 130, 131, 132 located on the continental shelf of Vietnam. In 2013 Gazprom and PetroVietnam launched commercial gas production from the Moc Tinh and Hai Thach fields of licensed blocks 05.2 and 05.3 offshore Vietnam, with recoverable gas and condensate reserves amounting to 35.9 billion cubic meters and 15.2 million tons respectively.
In 2014 Gazprom and PetroVietnam signed the Framework Agreement on terms and conditions of the joint development of the Nagumanovskoye and Severo-Purovskoye fields.
The Nagumanovskoye oil, gas and condensate field holds 5.8 billion cubic meters of proven in-place gas reserves, 1,683 thousand tons of recoverable condensate reserves and 960 thousand tons of recoverable oil reserves. The proven in-place gas reserves of the Severo-Purovskoye gas and condensate field account for 45.5 billion cubic meters, the recoverable condensate reserves – 6,826 thousand tons. Gazpromviet holds a subsurface use license for both fields (Gazprom – 51 per cent, PetroVietnam – 49 per cent).
Dung Quat, Vietnam’s only oil refinery, has an output of 6.5 million tons per year.
In late 2014 Gazprom Neft and Binh Son Refining and Petrochemical signed the long-term agreement on delivering ESPO oil to Dung Quat.
In April 2015 Gazprom Neft and PetroVietnam signed the Heads of Agreement on acquiring a stake in the oil refinery by Gazprom Neft.
JS Harusame receives a warm welcome by the Philippine Military Band,
Maraming na maraming salamat kaibigan (many thanks, kind friends)
Excellent pictures , buddy ! It looks like the PLH 22 went to Vietnam after conducting exercises with the Philippine Coast Guard a week prior. Great to see the Japanese Coast Guard cooperating with both the Vietnamese and Filipino counterparts !
Let us increase interoperability in the name of regional stability !
Maraming na maraming salamat kaibigan (many thanks, kind friends)
Japan coast guard shipvisited Da Nang Vietnam recently 10 - 14/5/2016.
Excellent pictures , buddy ! It looks like the PLH 22 went to Vietnam after conducting exercises with the Philippine Coast Guard a week prior. Great to see the Japanese Coast Guard cooperating with both the Vietnamese and Filipino counterparts !
Let us increase interoperability in the name of regional stability !
Viet
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Vietnam National Oil and Gas Group
until yesterday, rainwater and water are taken and transported from the mainland and stored in the tanks..now a seawater desalination system on Song Tu Tay Island is put in place: freshwater for our people on the remote islands, providing 18m3 of freshwater daily.
until yesterday, rainwater and water are taken and transported from the mainland and stored in the tanks..now a seawater desalination system on Song Tu Tay Island is put in place: freshwater for our people on the remote islands, providing 18m3 of freshwater daily.
Reashot Xigwin
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Indonesia to boost stability in South China Sea region: Official
Senin, 11 Mei 2015 21:01 WIB | 345 Views
Jakarta (ANTARA News) -- The Indonesian government will continue to boost stability in the South China Sea region through various approaches, Deputy Foreign Affairs Minister A. M. Fachir said.
Speaking at a discussion themed "Maritime Fulcrum and Foreign Policy" here on Monday, Fachir stated that Indonesia will also create stability in South China Sea regions that had continued to remain conflict-ridden.
"We will continue to work towards our common interest by adopting certain approaches. The common interest we want to achieve is stability," he remarked.
The minister pointed out that Indonesia will also try some efforts to prevent conflicts in the South China dispute area.
"Through various approaches, both international and internal workshops, Indonesia will convey that conflict is not the solution," he affirmed.
Moreover, Director of the ASEAN Cooperation of the Indonesian Foreign Affairs Ministry I Gusti Agung Wesake Puja said that the Indonesian government at the ASEAN Summit had pushed for the completion of a Code of Conduct (CoC) agreement to settle the South China Sea dispute.
"Indonesia is supporting the peace process to resolve the South China Sea dispute. It is encouraging the completion of the CoC agreement between ASEAN and China," he stated.
According to Puja, the ethical code to settle all disputes over the South China Sea should be completed and agreed upon soon to ensure stability in the region.
"During a discussion to settle the South China Sea dispute at the ASEAN Summit, it was agreed that stability should be ensured in the South China Sea by accelerating the establishment of the Code of Conduct," Puja explained.
The official added that there were several countries concerned about the land reclamation carried out by a particular country in the South China Sea.
Therefore, the Indonesian government has asked the countries involved in the dispute to refrain from taking any action.
President Joko Widodo, Puja remarked, has reiterated the importance of maintaining and increasing stability in the region because it is important for its sustainable development.(*)
Indonesia to boost stability in South China Sea region: Official - ANTARA News
Senin, 11 Mei 2015 21:01 WIB | 345 Views
Jakarta (ANTARA News) -- The Indonesian government will continue to boost stability in the South China Sea region through various approaches, Deputy Foreign Affairs Minister A. M. Fachir said.
Speaking at a discussion themed "Maritime Fulcrum and Foreign Policy" here on Monday, Fachir stated that Indonesia will also create stability in South China Sea regions that had continued to remain conflict-ridden.
"We will continue to work towards our common interest by adopting certain approaches. The common interest we want to achieve is stability," he remarked.
The minister pointed out that Indonesia will also try some efforts to prevent conflicts in the South China dispute area.
"Through various approaches, both international and internal workshops, Indonesia will convey that conflict is not the solution," he affirmed.
Moreover, Director of the ASEAN Cooperation of the Indonesian Foreign Affairs Ministry I Gusti Agung Wesake Puja said that the Indonesian government at the ASEAN Summit had pushed for the completion of a Code of Conduct (CoC) agreement to settle the South China Sea dispute.
"Indonesia is supporting the peace process to resolve the South China Sea dispute. It is encouraging the completion of the CoC agreement between ASEAN and China," he stated.
According to Puja, the ethical code to settle all disputes over the South China Sea should be completed and agreed upon soon to ensure stability in the region.
"During a discussion to settle the South China Sea dispute at the ASEAN Summit, it was agreed that stability should be ensured in the South China Sea by accelerating the establishment of the Code of Conduct," Puja explained.
The official added that there were several countries concerned about the land reclamation carried out by a particular country in the South China Sea.
Therefore, the Indonesian government has asked the countries involved in the dispute to refrain from taking any action.
President Joko Widodo, Puja remarked, has reiterated the importance of maintaining and increasing stability in the region because it is important for its sustainable development.(*)
Indonesia to boost stability in South China Sea region: Official - ANTARA News
Indeed it is crossing the line. Japanese ships in Chinese waters.
Nike
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Indonesia must reject Chinese maritime silk road offer: Sultan
Senin, 11 Mei 2015 22:14 WIB | 396 Views
Sultan Hamengkubuwono X (FOTO ANTARA/ Feny Selly)
Surabaya, East Java (ANTARA News) - Sultan Hamengkubuwono X has appealed to President Joko Widodo to reject the Chinese governments offer to link Indonesias maritime axis with its maritime silk road.
"The Chinese maritime silk road is a logistical route from China to other countries and so if the offer is accepted Indonesia will become consumers of Chinese products forever," he said in a seminar here on Monday.
Speaking at an Indonesian Navy National Seminar 2015 carrying the theme of "Challenges and Opportunities in the Development of Five World Maritime Axis Pillars" held to mark the Navy Education Day the governor of Yogyakarta said that the Indonesian Archipelago Sea Lanes (ALKI) had so far always been the target of China, Australia and Singapore.
"If we close the ALKI to strengthen domestic logistic routes to support the World Maritime Axis program the three countries trade with the Asia Pacific region would be blocked and therefore they are offering cooperation," he said.
Sultan who spoke on a maritime culture session said the Chinese offer for cooperation in the Maritime Silk Road framework could make the Indonesian nation become consumers of their products.
"Also watch Australia who wants Papua to be independent. It is actually not for the interest of Papua but Australia only wants to open its economic routes," he said.
In view of that Sultan underlined the importance of education and leadership as well as diplomacy which is focused on sea and maritime. "The sea is related with sea resources while maritime is connected with defense and so the two must be combined," he said.
The seminar which was officially opened by Navy Chief of Starr Admiral Ade Supandi also presented other speakers including former navy chief of staff retired admiral Marsetio, former minister Sarwono Kusumaatmadja, Ir. Harun Al Rasyid Lubis M.Sc. and Dr. Arif Hava Oegroseno.
"Yes, China has conducted an aggression like in the South China Sea but we must not confront it physically. We must focus on diplomacy. The worlds decision to recognize Indonesia as an archipelago country is not gained through physical fight and blood but diplomacy. Show that Indonesia is a peace-loving country," Sarwono said.
Sarwono, who was a former environment minister, asked the government to focus on marine tourism because the top program could improve commitment to sea, fishery, maritime human resources and others.
Admiral Ade Supandi in his opening speech emphasized the importance of improving the quality of human resources in the maritime sector as their number was still one percent of the total population.
"According to a census in 2010 total Indonesian population reached 230 million and the maritime human resource numbers only 2.3 million or one percent including the navy members totaling 70,000," he said before around 300 participants including university rectors, academicians, university students and civilian as well as military and police officials.
reporting by edy m yakub
(H-YH/a014)
(T.SYS/B/KR-BSR/A014)
Indonesia must reject Chinese maritime silk road offer: Sultan - ANTARA News
Senin, 11 Mei 2015 22:14 WIB | 396 Views
Sultan Hamengkubuwono X (FOTO ANTARA/ Feny Selly)
Surabaya, East Java (ANTARA News) - Sultan Hamengkubuwono X has appealed to President Joko Widodo to reject the Chinese governments offer to link Indonesias maritime axis with its maritime silk road.
"The Chinese maritime silk road is a logistical route from China to other countries and so if the offer is accepted Indonesia will become consumers of Chinese products forever," he said in a seminar here on Monday.
Speaking at an Indonesian Navy National Seminar 2015 carrying the theme of "Challenges and Opportunities in the Development of Five World Maritime Axis Pillars" held to mark the Navy Education Day the governor of Yogyakarta said that the Indonesian Archipelago Sea Lanes (ALKI) had so far always been the target of China, Australia and Singapore.
"If we close the ALKI to strengthen domestic logistic routes to support the World Maritime Axis program the three countries trade with the Asia Pacific region would be blocked and therefore they are offering cooperation," he said.
Sultan who spoke on a maritime culture session said the Chinese offer for cooperation in the Maritime Silk Road framework could make the Indonesian nation become consumers of their products.
"Also watch Australia who wants Papua to be independent. It is actually not for the interest of Papua but Australia only wants to open its economic routes," he said.
In view of that Sultan underlined the importance of education and leadership as well as diplomacy which is focused on sea and maritime. "The sea is related with sea resources while maritime is connected with defense and so the two must be combined," he said.
The seminar which was officially opened by Navy Chief of Starr Admiral Ade Supandi also presented other speakers including former navy chief of staff retired admiral Marsetio, former minister Sarwono Kusumaatmadja, Ir. Harun Al Rasyid Lubis M.Sc. and Dr. Arif Hava Oegroseno.
"Yes, China has conducted an aggression like in the South China Sea but we must not confront it physically. We must focus on diplomacy. The worlds decision to recognize Indonesia as an archipelago country is not gained through physical fight and blood but diplomacy. Show that Indonesia is a peace-loving country," Sarwono said.
Sarwono, who was a former environment minister, asked the government to focus on marine tourism because the top program could improve commitment to sea, fishery, maritime human resources and others.
Admiral Ade Supandi in his opening speech emphasized the importance of improving the quality of human resources in the maritime sector as their number was still one percent of the total population.
"According to a census in 2010 total Indonesian population reached 230 million and the maritime human resource numbers only 2.3 million or one percent including the navy members totaling 70,000," he said before around 300 participants including university rectors, academicians, university students and civilian as well as military and police officials.
reporting by edy m yakub
(H-YH/a014)
(T.SYS/B/KR-BSR/A014)
Indonesia must reject Chinese maritime silk road offer: Sultan - ANTARA News
