Vietnam, Uzbekistan to strengthen oil & gas cooperation

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Vietnam and Uzbekistan will strengthen bilateral cooperation in many areas, including oil and gas exploration and exploitation, a statement on the government website said Monday.

Measures to strengthen bilateral ties were discussed and agreed to by Vietnamese Prime Minister Nguyen Tan Dung and his Uzbek counterpart Shavkat Mirziyoyev in the country's capital Tashkent.

Dung was on three day (October 2-4) official visit to Uzbekistan at the invitation of Mirziyoyev.

Stressing that the oil and gas sector is a major area of cooperation between the two countries, Dung proposed that Uzbekistan completes local procedures soon so that its state-owned oil and gas holding company Uzbekneftegaz and Vietnam's Oil and Gas National Group (Petrolimex, also state owned) can officially sign contracts with each other.

At the moment, Petrolimex is conducting oil exploration and exploitation works in Uzbekistan, a fact that was appreciated by both of the high-ranking leaders.

Dung pledged that the Vietnamese government would create convenient conditions for Uzbekneftegaz to join oil and gas operatioons within Vietnam's continental shelves.

For his part, the Uzbek PM said his government has always supported collaboration with Vietnam in oil and gas projects .

The leaders also agreed on measures to improve bilateral cooperation in many other fields including banking, agriculture and telecommunications.

Mirziyoyev accepted Dung's invitation to make an official visit to Vietnam in the future.

After the talks, the two leaders witnessed the signing of bilateral cooperation agreements in education and plant pathology.

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