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Economy 22/09/2008 PetroVietnam chairperson visits Uzbekneftegaz

The Uzbek company said PetroVietnam representatives are not visiting Uzbekistan for the first time and express their interest to development of bilateral dialogue.

On 21 August 2008, the sides signed an agreement on mutual cooperation between Uzbekneftegaz and PetroVietnam.

During the visit, the sides discussed issues of participation of PetroVietnam in exploration of investment blocks in Uzbekistan and palaeozoic deposits at Bukhara-Khiva region. The parties also considered possibility of creation of the joint venture, which will explore and render services in Uzbekistan, Vietnam and third countries, based on agreement.

It was agreed that the sides will agree and prepare corresponding documents by the next meeting.
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