SOCAR, Petrovietnam sign memo of understanding

Rovnag Abdullayev, head of Azerbaijan's State Oil Company (SOCAR) and head of “Petrovietnam” Fun Din Tuk signed a memorandum of understanding.

Abdullayev briefed about Azerbaijani-Vietnamese relations during the Soviet period and Azerbaijani specialists' assistance in development of oil and gas sectors. He stressed the necessity to restore relations in the fields of policy and economy.

Vietnam's Deputy Prime Minister Hoang Trung Hai expressed his gratitude to the government of Azerbaijan for training the highly skilled Vietnamese students in the fields of oil and gas.

“SOCAR Trading Singapore” and “Petrovietnam Oil Corporation” have also signed an agreement on long-term sale of Azeri crude oil to Vietnam.


/Trend/