Russia inks oil supply deal with Vietnam
The deal was reached by Rosneft CEO Igor Sechin and PV Oil Vice President Vo Khanh Hung at the 20 th International Economic Forum in Saint Petersburg city, Russia, on June 16-18.
It constitutes one of the biggest contracts of its kind, as targeted by Russia in its strategy to expand partnership in the Asian-Pacific market.
Igor Sechin said the contract turns Rosneft into the leading supplier of energy for Vietnam – one of the most dynamic economies in Asia-Pacific.
The long-term deal will also allow the Russian company to improve its economic efficiency and contribute to stabilising the global energy market.
