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05.06.2012 21:21

Co-operation between Azerbaijan and Vietnam in the oil and gas sector has a long history

Dao Ngok Anh, Vice President and Main Commercial Specialist, Petrovietnam Drilling and Well Services Corporation

Co-operation between Azerbaijan and Vietnam in the oil and gas sector has a long history. Azerbaijani specialists have helped us to develop the oil and gas branch of our economy, through the exploration and development of our fields. A lot of Azerbaijani experts work in Vietnam today, as in the past.

We are taking part for the first time in the Caspian Oil and Gas exhibition and I can tell that it is well organized; it differs by its good atmosphere, organization and design.

I think participation at an exhibition will allow us to meet new partners and become acquainted with new oil companies. The exhibition offers us the chance to prove our potential which will allow us to set up good relations with new partners in the future.

Recently we have signed an agreement on the basic commercial principles and regulations for the restoration, exploration, production and sharing of the offshore block in Azerbaijan. The oil fields at Muradhanly, Dzhafarli and Zardab fields form part of this offshore block.

The signing of this contract will allow us to activate our work in Azerbaijan, while we continue to also rely on the support of Azerbaijani experts.

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