PetroVietnam's Dai Hung platform (Photo: pvn.vn) Hanoi (VNS/VNA) – Vietnam Oil & Gas Group (PetroVietnam) will headthe ASEAN Council on Petroleum (ASCOPE) secretariat for the first time.
The group will be the secretariat of the council fromnow until 2024 after the position was handed over from Thai oil and gascompany PTT at a council meeting on November 29 inHanoi.
“It is a milestone for Vietnam sinceit joined the council in 1996," Tran HongNam, member of the board of Directors, PetroVietnam Exploration ProductionCorporation (PVEP), told Viet Nam News, the English languagedaily of the Vietnam News Agency.
“It is a good opportunity for Vietnam tobenefit from the council thanks to its network of experienced oil and gasenterprises in the region," said Nam, who will serve as the council'ssecretary-in-charge.
Nam said Vietnam could learnthe experience from both the well developed countries with oil and gas industryand the newcomers in the field.
“There are both challenges and opportunities for theindustry in ASEAN, which consumes and produces a large amount of oil and gasproducts, in the context of growing complicated climate change and thetechnology era," he added.
Hosted by PetroVietnam in the capital, the 45thCouncil Meeting is taking place in Hanoi from November 27 to December 1 with the theme 'Regional Cooperation forSustainable Development'.
At the meeting, participants discussed the plan of thesubcommittee in promoting the use of liquefied natural gas (LNG), updated eachother on oil and gas projects in recent years, and shared experience ondeveloping LNG markets, among others.
Established in 1975, ASCOPE aims to promotecollaboration in the development of the petroleum resources in the regionthrough joint endeavours.
It consists of national petroleum companies/nationalentities responsible for oil and gas in the 10 ASEAN member countries./.
