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Vietnam signs 25-year oil deal with Russia

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Updated: Tuesday, May 27, 04:47 PM
Vietnam bizhub


petrovietnam.jpg

Russian President Vladimir Putin witnesses the signing ceremony.
Photo courtesy of Russia's Presidential Press and Information Office.


HA NOI (Biz Hub) — Russian firm Rosneft will provide six million tonnes of oil annually via the Kozmino terminal during the 2014-39 period for the Dung Quat Oil Refinery in Viet Nam.

The Kozimo terminal is an oil pipeline extending from Eastern Siberia to the Pacific Ocean.

According to a Rosneft press release on May 24, the major terms for the long-term oil supplies to the refinery, after the accomplishment of the final stage of its modernisation, were finalised in an agreement signed by its president-cum-chairman of the management board Igor Sechin and the Vietnam Oil and Gas Group (PetroVietnam) President Nguyen Xuan Son at the Saint Petersburg International Economic Forum.

The signing ceremony was led by Russian President Vladimir Putin.

dung-quat_2.jpg

Dung Quat Oil Refinery in the central province of Quang Ngai.

"PetroVietnam is one of the main Rosneft partners among the Asia-Oceania countries. Long-term contracts for oil supplies are a crucial phase in the development of cooperation between the two companies," said Sechin.

Rosneft is the leader in Russia's petroleum industry and the world's largest publicly traded petroleum company.

The firm operates in different fields, including hydrocarbon exploration and production, upstream offshore projects, hydrocarbon refining, and crude oil, gas and product marketing in Russia and abroad. — VNS


PetroVietnam signs oil deal with Rosneft - News - Viet Nam Business News - Bizhub
 
Last edited:
You are doomed, veits.

Obama just claimed in west point he successfully lead the world to isolate Russia, how dare you to slap his face so soon?
we are not ally yet. even Japan wants oil from Russia.

Just wait the US to plant those 'flowers' of the color revolution into Vietnam. :haha:
have you signed gas deal with Russia recently?
is China doomed?
 
we are not ally yet. even Japan wants oil from Russia.
You are not? just several days ago you chest thump everywhere about your powful new alliance.

Even if you are not, you are still doomed. Although US can do nothing about China, it can easily pick up a small country like you to set an example to the world.
 
We need not please US but you vietnam need to polish the boot of US to survive. China job is to piss US. Do you have a brain in the first place when u type those words? :lol:
come on. you recently invited Russia for joint naval fun game, though you know Russia robbed a large part of your territory not long ago.

China is really a pathetic country.
 
You are not? just several days ago you chest thump everywhere about your powful new alliance.

Even if you are not, you are still doomed. Although US can do nothing about China, it can easily pick up a small country like you to set an example to the world.
we need Russian oil for the all new warships from America and Japan :rofl:
we are smart, aren´t we?
 
come on. you recently invited Russia for joint naval fun game, though you know Russia robbed a large part of your territory not long ago.

China is really a pathetic country.
How pathetic? worse than Vietnam?! ask American help which destroy and killed million Vietnamese just 40 years ago.
 
we need Russian oil for the all new warships from America and Japan :rofl:
we are smart, aren´t we?
Ya, you outsmart stupid Obama and abe, congrats.

It is your this kind of smartness lead vietnam to become battle ground in the whole last century, being totally destroyed every 30
years, I bet you envison to repeat the same stories again and again.
 

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