Rusvietpetro eager to increase oil production to over 3 million tons in 2014
Edited by Rhod Mackenzie / 2013-11-13 04:41:58
~~Rusvietpetro, the joint venture of Zarubezhneft and PetroVietnam is eager to increase oil production to over 3 million tons in 2014, compared to over 2.8 million tons in 2013.
On November 12 2013, Zarubezhneft and PetroVietnam closed the memorandum about cooperation within Rusvietpetro operating in Russia. Rusvietpetro is engaged with the development of 13 deposits in the Nenets autonomous area. They reported recently that Zarubezhneft will register a subsidiary of Rusvietpetro in the town of Usinsk in the Komi region when its main base is located that will increase tax income to the budget.
