Representatives of Gazprom EP International leaded by Managing Director and CEO Andrey Fick took part in the St. Petersburg International Gas Forum (SPIGF).
This year, a governmental delegation from Quang Tri Province, Vietnam, joined in as well. A Memorandum of Understanding was inked as part of a power plant project that Gazprom EP International intends to develop in the province once it becomes an investor.
On SPIFG sidelines, Deputy Chairman of the Management Committee of PJSC Gazprom Vitaly Markelov met with Chairman of Petrovietnam’s Board of Directors Tran Sy Thanh. Both Gazprom and Petrovietnam representatives attended this meeting, which also featured the participation of the executives of Gazprom EP International, Andrey Fick, Managing Director and CEO, and Sergey Tumanov, Chief Operating Officer.
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The sides discussed the status of the joint projects executed by Gazprom and Petrovietnam in the territory of the Socialist Republic of Vietnam. A particular spotlight was put on the Combined Cycle Power Plant project. On top of that, Vitaly Markelov and Tran Sy Thanh talked about the outlook for Vietnam’s LNG market and the LNG plant project in particular. The completion of the 14,000 tpa LNG plant is scheduled for 2020, LNG produced then being directed to supply natural gas fuel for urban transport needs. The Sides also touched upon other joint projects of the companies.
At the Forum, the executives of Gazprom EP International had working meetings with PVGas and Shell representatives and talked about the status and prospects of the cooperation. The SPIGF also witnessed the inking of two Agreements with Gazprom EP International's strategic partners, Halliburton International GmbH and the Gubkin Russian State University of Oil and Gas.
Apart from seeking a more efficient drilling, reserves estimation, and well completion and exploitation, the agreement on cooperation with Halliburton allows considering the possibility for the two companies to join projects executed by outside companies. On top of that, talks covered the possibility of employing Halliburton’s cutting-edge software using artificial intelligence and big data technology to meet operational challenges that Gazprom EP International may face.
The Gubkin University of Oil and Gas was a signatory to another agreement of understanding in technological cooperation that seeks a more efficient performance when executing gas projects. The document establishes that the Sides agree to unite their efforts to ensure Gazprom EP International’s personnel improve their qualifications, as well as well design documentation and work programs undergo expert examination. Thus, the company’s employees will be granted access to labs on the campus of the Gubkin University to conduct specific tests.
The St. Petersburg International Gas Forum (SPIGF) has been an annual event since 2011. The Forum's priority objective is to create a platform for the effective collaboration of industry leaders.