The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Phung Dinh Thuc, President and CEO of Petrovietnam State Oil and Gas Corporation.

The parties discussed the key areas of bilateral cooperation, in particular the progress with geological exploration of the Vietnamese continental shelf. The meeting appraised the level of cooperation during offshore operations in Vietnam.

In addition, Alexey Miller and Phung Dinh Thuc discussed organizational issues of the Gazpromviet joint venture operations and business development prospects. Petrovietnam was advised to consider the resource base expansion within the JV.

The parties stated their intention to continue dialogue on cooperation development during the second meeting of the Joint Coordinating Committee to take place in March 2011.

After the working meeting Alexey Miller was officially awarded the Order of Labor (Class I) of the Socialist Republic of Vietnam by the country's Ambassador Extraordinary and Plenipotentiary to Russia Bui Dinh Dinh on behalf of Vietnamese President Nguyen Minh Triet.

Valery Gulev, Managing Director of Gazprom EP International B.V. was also awarded the Order of Labor (Class II). The Vietgazprom joint operating company was rewarded with the Order of Labor (Class III).

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