Give god the praise song

The Hanoitimes - Prime Minister Nguyen Xuan Phuc requested the group to strengthen cooperation with foreign partners, mostly Russians to tap potential for further development and ensure security for contractors as well. Vietnam Oil and Gas Group (Petrovietnam) is calling for investment in exploring and exploiting two newly-found gas fields. An offshore project by Petrovietnam. Photo: Petrovietnam The call was made at the meeting on January 11 with the participation of Prime Minister Nguyen Xuan Phuc. The gas fields, discovered in 2020, are Ken Bau-2X, located in Block 114, Song Hong (Red River) Basin, which is estimated to provide 9 trillion cubic feet in place with 400-500 million barrels (Mbbl) of associated condensates, and Block 16-1/15 is located in the western part of Cuu Long basin and 80 km southeast of Vung Tau City. Speaking at the event, the Government leader said Petrovietnam showed its efforts in overcoming difficulties and is good at both doing business and protecting sovereignty. Mr. Phuc requested the group to strengthen cooperation with foreign partners, mostly Russians to tap potential for further development and ensure security for contractors as well. Prime Minister Nguyen Xuan Phuc (3rd left) and Petrovietnam's Chairman of the Board of Directors Hoang Quoc Vuong. Photo: Petrovietnam He urged the group to apply advanced technologies to production and take advantage of free trade agreements. Petrovietnam performed well in 2020 despite a sharp fall in global petroleum prices and unprecedented challenges caused by the Covid-19 pandemic. Petrovietnam said it made VND566 trillion (US$24.2 billion) and gained VND17.5 trillion (US$761 million) worth of pre-tax profit. In 2020, the group produced 11.47 million tons of crude oil, 11.87 million tons of petroleum, 9.16 billion cu.m of gas, 1.8 million tons of nitrogen, and 19.17 billion kWh of electricity. The group said it paid VND83 …

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At the meeting, Vice Admiral Nguyen Trong Binh was briefed on Brigade 954’s task performance over the past time. Particularly, the brigade strictly observed disciplines and effectively organized combat training and exercise programs, improved the technical qualifications of pilots and technicians, ensured flight safety, as well as proactively grasped situations to deal with any arising issues promptly. Concluding the inspection, the Deputy Chief acknowledged and praised the achievements of the brigade over the past time. He also asked the unit to continue raising a sense of responsibility among its troops and practicing possible combat scenarios. Translated by Quynh Oanh …

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During his virtual talks with Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on March 5, Arreaza congratulated Vietnam on the success of the 13th National Party Congress, while praising the Southeast Asian country’s efforts in fighting the COVID-19 pandemic as well as in maintaining economic growth momentum. Minh briefed on Vietnam’s situation and the outstanding outcome of the 13th National Party Congress as well as the country’s COVID-19 response measures and solutions to promote socio-economic development and ensure social security. He affirmed that Vietnam supports efforts by the constitutional government of Venezuela to promote political dialogue on the basis of respecting Venezuela’s Constitution and aspirations of Venezuelan people, thus gradually solving difficulties and boosting socio-economic development in the current context. The two officials focused their discussion on measures to further enhance the friendship and cooperation between the two countries. The two sides agreed to maintain mechanisms to promote cooperation between the two nations, especially the Vietnam-Venezuela Intergovernmental Committee for Cooperation and the Political Consultation between the two Ministries of Foreign Affairs. They also consented to increase exchanges between ministries, sectors and businesses, and foster trade and investment ties in areas of mutual interest such as agriculture, oil and gas, health, commerce, culture, and sports and tourism. The two sides pledged to promote people-to-people exchange and operation of friendship associations. Vietnam and Venezuela also agreed to enhance the exchange of views on international and regional issues of shared concern, and work closely at multilateral forums of which both nations are members. Source: VNA …

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