Under the MoU, the two sides will share experiences and promote cooperation in exploiting oil and gas on and offshore, supplying services, refining oil and training experts.

During a working session with Daniel Cameron, Secretary of Energy under the Ministry of Federal Planning, Public Investment and Services, PVN director general Dinh La Thang expressed his wish that Argentina’s government would support cooperation between PVN and ENARSA and that both countries would sign a cooperation agreement soon.

Mr. Cameron said that his ministry will create conditions for PVN to explore and exploit oil in Argentina’s territorial waters. He echoed Mr. Thang, stressing the need to sign a cooperation agreement at the governmental level at an upcoming session of the Argentina-Vietnam joint commission.

Argentina is the final stop on PVN’s working visit to Latin America. Previously, in Nicaragua, the delegation visited President Daniel Ortega and signed a cooperation agreement in the field of oil and gas and an agreement for joint research with Nicaragua’s national petroleum company, Petronic.

While in Bolivia, PVN signed a cooperation agreement with Bolivia’s state-owned oil and gas corporation Yacimientos Petroliferos Fiscales de Bolivia (YPFB).