Zarubezhneft joined PSA on the development of gas block 42 at the shelf of Vietnam

Vietsovpetro, a JV of Zarubezhneft and Petrovietnam, and PVEP, affiliate of the Vietnamese company, on Friday signed a PSA on the development of the gas block 42 at the shelf of Vietnam. The Russia-Vietnam JV holds 49% in the project, PVEP – 51%.

The document was signed on Friday during a 2-day visit of the CEO of Zarubezhneft to Vietnam, S. Kudryashov.

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