Mr. Elias Jose Jaua Milano, Vice President of Venezuela
The working group of Venezuelan Vice President was welcomed by Mr. Cao Quoc Hung - Deputy Minister of Industry and Trade; Mr. Dang Huy Cuong - General Director of the Department of Energy under the Ministry of Industry and Trade; Mr. Ngo Tien Dung - Ambassador Extraordinary and Plenipotentiary of Venezuela to Vietnam.
PetroVietnam was represented by President and CEO Nguyen Quoc Khanh, members of the Executive Management Board, heads of Divisions and Office under the Group, PVEP leader.
President and CEO Nguyen Quoc Khanh at the meeting
On behalf of the Group, President and CEO Nguyen Quoc Khanh expressed his honor to welcome Vice President Elias Jose Jaua Milano and the working group coming to visit PetroVietnam. In the framework of the Inter-Governmental Committee meeting, PetroVietnam actively participated in the oil and gas division to analyze, evaluate and review the results of cooperation in the oil and gas sector between the two countries in the development of oil and gas projects in Venezuela.
President and CEO Nguyen Quoc Khanh presented souvenir toVice President Elias Jose Jaua Milano
PetroVietnam was well aware of the importance of energy cooperation between the two countries in general and the specific projects in particular between PetroVietnam and the National Oil and Gas Corporation of Venezuela (PDVSA). The President and CEO expressed his belief that with determination, cooperation, sharing and helping, Petrovietnam and PDVSA would fulfill the task assigned by the two governments to bring success to the project and hoped that the cooperation between the two sides would become a beautiful symbol of friendship and solidarity between Vietnam and Venezuela.
At the meeting, Vice President Elias Jose Jaua Milano conveyed greeting from Venezuelan President Nicolas Maduro to PetroVietnam. The Vice President pledged to best facilitate PetroVietnam particularly and Vietnam generally in terms of technical, economic aspect in the development cooperation relationship to overcome the difficulties being encountered. Both sides also had exchanges and agreements in the Inter-governmental Committee meeting to remove the obstacles, difficulties, create favorable conditions for both sides’ development, promote the business cooperation between groups of the two countries.
The Vice President stressed the relationship between Venezuela and Vietnam was always of great significance, and hoped that the two countries would continue showing the solidarity, stable and long-term cooperation in all aspects, particularly in the oil & gas and agricultural sectors.
Reportedly, yesterday afternoon, 12th March, at the Government Office, Prime Minister Nguyen Tan Dung gave a warm reception to Venezuelan Vice President Elias Jose Jaua Milano. On behalf of the Government, Prime Minister Nguyen Tan Dung affirmed that Vietnam always supported the constitutional government of Venezuela and hoped for Venezuela’s stability and development. The Prime Minister also suggested the two sides would focus on promoting trade and investment relations because bilateral trade was still limited despite growing, so there was possibility for further cooperation between two countries in that field.
The Prime Minister clearly stated that Vietnam's investment in Venezuela was in trouble, especially in the oil and gas sector. Therefore, Vietnam hoped President, Vice President and Government of Venezuela to give appropriate supportive measures, create favorable conditions for the success of the key project which was considered as a guide and symbol of the good relations between the two countries because the project was paid special attention by the Party, State, National Assembly and Government of Vietnam.
Vice President Elias Jose Jaua Milano announced Prime Minister Nguyen Tan Dung that the Inter-governmental Committee had agreed on the measures for restarting many collaborative projects between the two countries and affirmed the Venezuelan leaders always paid great attention to strengthening and deepening the cooperation with Vietnam in all fields.
The Vice President also said that President Maduro had directed the Government to resolve the current difficulties in the oil and gas cooperation between the two countries and not to let PetroVietnam leave the oil and gas cooperation project in Oricono Ring. Venezuela was committed to facilitating and financing the cooperation project for its further development because Venezuela considered oil & gas and agriculture as the backbone of cooperation between the two countries to meet the needs for energy of Vietnam and to help Venezuela have the self-reliance on food. Vice President Elias Jose Jaua Milano also hoped that Vietnam continued to support the democracy of Venezuela as well as its desire to live in peace and stability because Vietnam had very important voice in the international arena.
Prime Minister Nguyen Tan Dung affirmed that Vietnam would continue cooperating and supporting Venezuela and that Vietnam would never want to give up investment into the oil and gas sector in Venezuela since the project was of economic and political significance. Vietnam expected Venezuela to share and help the project to overcome difficult for long-term cooperation and for further cooperation possibilities in that field. The Prime Minister also confirmed Vietnam’s utmost support to the agricultural cooperation with Venezuela and believed that the cooperation would be effective as in Cuba.