(VOVworld)- Prime Minister Nguyen Tan Dung has committed all possible support to oil and gas cooperation between Vietnam and Russia as well as between their national oil and gas companies – PetroVietnam and Zarubezneft.

Prime Minister Nguyen Tan Dung receives Zarubezneft General Director

During a reception in Hanoi on Friday for Zarubezneft General Director Sergey Kudryashov, the PM expressed support for the two companies’ proposal to expand oil and gas survey and exploration in the two countries’ new blocks, adding that he has requested accelerating negotiations to promptly sign an inter-governmental agreement on oil and gas production joint-venture. He also thanked President Vladimir Putin and Prime Minister Dmitry Medvedev for their support of oil and gas collaboration between Vietnam and Russia, including offering tax incentives for Rusvietpetro’s operation in several blocks in Nhenhexky autonomous region. Kudryashov affirmed that Zarubezneft is keen on a strategic and long-term cooperation with PetroVietnam. He also wished the two countries will sign an inter-governmental agreement on oil and gas survey and exploration as early as possible.