Russia Seeks Energy Transit Through Vietnam
Russia expressed interest in establishing transit shipments of energy resources through Vietnam to neighboring countries, with President Putin stating that both Vietnam and neighboring states have shown interest in cooperation. Russia also proposed joint development of strategic fuel reserves in Vietnam.
Consensus
- Russia is interested in organizing transit shipments of energy resources through Vietnamese territory to neighboring countries.
- Vietnam and neighboring countries have expressed interest in cooperating with Russia on energy transit.
- Russia proposed the joint creation of strategic fuel reserves in Vietnam.
- A framework agreement on strategic fuel reserves was signed between 'Zarubezhneft' and Petrovietnam during the visit of the Vietnamese president.
- Russia's Gazprom has been operating in Vietnam, having started LNG deliveries from the Sakhalin-2 project last year.
- An agreement on investment distribution for blocks on Vietnam's continental shelf was signed between Russian and Vietnamese companies.
Points of divergence
- The framework agreement on strategic fuel reserves was concluded during the visit of the Vietnamese president. — interfax
- Russia and Hanoi may jointly begin creating strategic fuel reserves in Vietnam. — vesti
Coverage (2 sources)
- Putin said about Russia's interest in transit of energy resources through Vietnam to other countries — Интерфакс
- Russia interested in transit of energy resources through Vietnam — Вести
Key entities
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