VIETNAM & GAZPROM: KEY PARTNERS
GAZPROM - November 10, 2017 a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Vu Truong Son, CEO and Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), took place on the margins of the Asia-Pacific Economic Cooperation summit in Danang, Vietnam.
The parties discussed a wide range of issues related to bilateral partnership, including hydrocarbon production and geological exploration in Vietnam.
Particular attention was paid to cooperation in the NGV market. The meeting placed a focus on the construction project for a small-scale LNG production complex and a CNG filling network in southern Vietnam. A feasibility study for the project is underway. It was noted that the project would contribute to the proliferation of vehicles powered by natural gas – a modern and environmentally-friendly fuel.
"Vietnam is one of Gazprom's key partners in Southeast Asia. Together with PetroVietnam, we successfully conduct geological exploration and produce hydrocarbons, as well as make preparations to develop the country's NGV market.
We are also exploring new avenues for cooperation. One of them is gas-fired power generation. In that connection, we are discussing the prospects for supplying LNG to Vietnam from the Gazprom Group's portfolio for the purposes of power generation," said Alexey Miller.
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REUTERS - State oil company Saudi Aramco last week raised prices for all crude oil grades to Asia in January.
U.S. BLS - Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care.
Отклонение нефтегазовых доходов федерального бюджета от месячной оценки, соответствующей Федеральному закону о федеральном бюджете на 2017-2019 годы, в декабре 2017 года прогнозируется в размере +204,8 млрд руб.
“Tight oil supplies are the wild card. They have reshaped the global outlook in recent years,” observed Ayed S. Al-Qahtani, who directs the research division at the OPEC Secretariat in Vienna. “US tight oil supplies will be the most important contributor but are expected to reach their peak around 2025.”