Russian oil producer highlights Asian reach

3 Aug 2017   Russia, Vietnam

Russian oil producer Rosneft highlighted its focus on operations offshore Asia by boasting of its future exploration and production plans for Vietnam. The Vietnamese subsidiary said it was marking 15 years of operations offshore Vietnam. Though a dominant player on the global energy stage, and one of the top exporters to the European economy, Russian energy companies have maintained a strong footing in the Asia-Pacific region. “Implementation of Vietnam projects is one of the priorities of Rosneft’s international strategy,” the company stated . The Rosneft division in Vietnam draws mostly natural gas from offshore fields, and steers about a fifth of its production toward power generating facilities in the country. Gazprom, Russia’s main natural gas company, estimates the Moc Tinh and […]

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