PetroVietnam leader attends Energy Security Conference in India

In three days, from 26th to 28th March 2015, PetroVietnam working group led by Mr. Dinh Van Son, Member of the Board of Directors had a business trip to India to attend the Energy Security Conference on the 50th anniversary of establishment of the Indian Oil Company (ONGC Videsh Ltd.) and work with Indian partners on cooperation opportunities in the oil and gas sector.

Joining the working group were representatives from divisions of International Relations, Petroleum Processing, Petroleum Exploration, Investment and Development under PetroVietnam, leaders of PetroVietnam Exploration Production Corporation (PVEP), Binh Son Refining and Petrochemical Company Limited (BSR) and PetroVietnam Oil Corporation (PVOil).


Member of the Board of Director Dinh Van Son attended the Energy Security Conference in India


Energy security has now become a concern of the governments around the world, especially India, the world’s second largest populous country. The Energy Security Conference in India “URJA SANGAM-2015” is held in New Delhi for the joint agreement and action of the state-owned companies in the energy and petroleum sector for a bright future of this important industry. The event is to celebrate the golden milestone of 50th anniversary establishing ONGC Videsh Ltd. and Indian Oil Corporation Ltd. (IOC). The Indian Prime Minister and several ministers, senior officials of the Government of India, policy makers, CEOs of the companies in India’s oil and gas industry and in the world have participated in many activities of this important event.


Mr. Dinh Van Son – PetroVietnam’s Member of the Board of Directors and Mr. Debasis Sen - Business Development Director of IOC


During the business trip to India, on 26th March 2015, Mr. Dinh Van Son and the working group came to visit and work with IOC leader at the company headquarters. At the meeting, leaders of the two groups discussed the cooperation opportunities for upstream and downstream projects of both sides, especially Cai Mep Condensate and LAB (Linear Alkyl Benzene) Production Project of PetroVietnam.


Mr. Narendra K.Verma, CEO of ONGC Videsh Ltd. received Mr. Dinh Van Son and the working group


Also during the business trip, on 28th March 2015 morning, at the invitation of Mr. Narendra K.Verma, CEO of ONGC Videsh Ltd., Mr. Dinh Van Son and the working group visited the headquarters of ONGC Videsh Ltd. Mr. Verma thanked PetroVietnam leader for attending 50th anniversary ceremony of the establishment of ONGC Videsh, and wanted to continue developing long-term relationship with PetroVietnam. The two sides discussed about further implementation of oil and gas contracts particularly relating to the blocks 102/10, 106/10 and 128 offshore Vietnam. Mr. Dinh Van Son affirmed that PetroVietnam always considered Indian partners including ONGC as strategic partners, and hoped ONGC to participate more in the oil and gas projects on the continental shelf of Vietnam. With regard to the development of blocks 102/10 and 106/10, he said the market using gas from Ham Rong and Thai Binh fields was very potential, particularly in the context of increasing growth of the gas using industry in North Vietnam. Leaders of the two sides agreed to continue the discussion on the next implementation steps in order that the cooperation would be more efficient and durable.