Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Participants of the Russian-Vietnamese joint venture Rusvietpetro - Zarubezhneft and Petrovietnam returned more than 50% of investments

The parties' investments in the joint venture amounted to approximately $ 500 million. Companies have returned investments in proportion to their shares. The share of Zarubezhneft in Rusvietpetro is 51%, Petrovietnam - 49%.

Participants of the Russian-Vietnamese JV Rusvietpetro - Zarubezhneft and Petrovietnam have returned more than 50% of their investments in the joint company, Zarubezhneft CEO Sergei Kudryashov said during a meeting with Secretary General of the Central Committee of the Communist Party of Vietnam Nguyen Phu Chong.

"Investments made by the participants in Rusvietpetro are returning. Petrovietnam's investments amounted to approximately $ 500 million, of which 270 million have already returned to the Vietnamese company," said Kudryashov.

As the press service of Zarubezhneft explained to journalists, the parties' investments in the joint venture amounted to approximately $ 500 million. Companies have returned investments in proportion to their shares. The share of Zarubezhneft in Rusvietpetro is 51%, Petrovietnam - 49%.

According to the deputy general director of Rusvietpetro Nguyen Phan Phuc, the company's net profit in 2014 is expected to amount to 13 billion rubles against 10,2 billion a year earlier.

At the same time, the company's production in 2014, according to preliminary data, is expected at the level of 3,150 million tons. The company "Rusvietpetro" is producing at the Central-Khorevey uplift (the structure includes 13 fields) in the NAO.



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