ID :
132434
Mon, 07/12/2010 - 00:00
Auther :
Shortlink :
http://m.oananews.org//node/132434
The shortlink copeid
Contract on work at new block of Vietnam shelf to be signed in
.
11/7 Tass 56
MOSCOW, July 11 (Itar-Tass) - The document, controlling work under
contract block 09-1 (deposits White Tiger and Dragon on the shelf of South
Vietnam) was one of three documents, signed on Sunday by executives of the
Russian Zarubezhneft Company and Vietnamese PetroVietnam Corporation in
the presence of secretary general of the Central Committee of the
Vietnamese Communist Party Nong Duc Manh.
This news was told to reporters on Sunday by first deputy
director-general of the Russian state-owned Zarubezhneft Company Viktor
Gorshenev.
The sides "signed today materials of the 37th meeting of the board of
the Vietsovpetro joint venture, which included the main document,
controlling the continuation of work at block 09-1", he said. The main
question - feasibility report was agreed upon this Sunday, he explained.
According to Gorshenev, the Vietnamese side will address its
government in the near future to approve these conditions, and the sides
are to conclude full preparation of the contract by August 1," the
Zarubezhneft deputy head specified.
Besides, the signed final documents approved for the first time
indicators for oil production over the next five years (earlier such plans
were approved for two years at the most). In Gorshenev's words, starting
from 2011, it is plan to recover annually 6.14 million tonnes. Then
provision is made for some increase in recovery, while in 2015 - a decline
to 5.9 million tonnes.
On the whole, Gorshenev emphasised, the results of Vietsovpetro work
were recognised as positive over the first six months of this year. "We
now overfulfil the plan, totalling 6 million this year plus 200,000 tonnes
of an additional task. We hope that we shall fulfil and overfulfil this
plan over the year," he said.
The signed document also provides for converting the Vietsovpetro
venture into a joint stock company from January 1, 2011 and approves the
charter of the company with limited liability whose founders remain
Petrovietnam and Zarubezhneft with 51 and 49 percent of stocks,
respectively.
According to Gorshenev, the final document also regulates a provision
on the personnel of the new company with limited liability.
-0-bur/usn
11/7 Tass 56
MOSCOW, July 11 (Itar-Tass) - The document, controlling work under
contract block 09-1 (deposits White Tiger and Dragon on the shelf of South
Vietnam) was one of three documents, signed on Sunday by executives of the
Russian Zarubezhneft Company and Vietnamese PetroVietnam Corporation in
the presence of secretary general of the Central Committee of the
Vietnamese Communist Party Nong Duc Manh.
This news was told to reporters on Sunday by first deputy
director-general of the Russian state-owned Zarubezhneft Company Viktor
Gorshenev.
The sides "signed today materials of the 37th meeting of the board of
the Vietsovpetro joint venture, which included the main document,
controlling the continuation of work at block 09-1", he said. The main
question - feasibility report was agreed upon this Sunday, he explained.
According to Gorshenev, the Vietnamese side will address its
government in the near future to approve these conditions, and the sides
are to conclude full preparation of the contract by August 1," the
Zarubezhneft deputy head specified.
Besides, the signed final documents approved for the first time
indicators for oil production over the next five years (earlier such plans
were approved for two years at the most). In Gorshenev's words, starting
from 2011, it is plan to recover annually 6.14 million tonnes. Then
provision is made for some increase in recovery, while in 2015 - a decline
to 5.9 million tonnes.
On the whole, Gorshenev emphasised, the results of Vietsovpetro work
were recognised as positive over the first six months of this year. "We
now overfulfil the plan, totalling 6 million this year plus 200,000 tonnes
of an additional task. We hope that we shall fulfil and overfulfil this
plan over the year," he said.
The signed document also provides for converting the Vietsovpetro
venture into a joint stock company from January 1, 2011 and approves the
charter of the company with limited liability whose founders remain
Petrovietnam and Zarubezhneft with 51 and 49 percent of stocks,
respectively.
According to Gorshenev, the final document also regulates a provision
on the personnel of the new company with limited liability.
-0-bur/usn
