Russia, which is entering the ASEAN market later than others, has in recent years failed to attend some of the region's major political forums. Having said that, there are serious signs indicating that its attitude to Southeast Asia has begun to change for the better. This is further evident from a series of promising projects that have been proposed by major Russian companies, including Rosneft, Russian Railways, Norilsk Nickel, and others.
Russia's largest oil company, Rosneft, has invited Vietnam's Petrovietnam to co-operate in offshore oil production in Russia, its head Igor Sechin has announced. The Vietnamese company is studying the proposal.
If Petrovietnam accepts the offer, it will join the list of the Russian oil giant's illustrious partners that includes the USA's ExxonMobil, Italy's Eni, and Norway's Statoil.
Rosneft produces more crude oil that any of its competitors in Russia and pays more taxes than Gazprom.
Rosneft has also invited the Vietnamese company to jointly develop oil and gas fields in Krasnoyarsk Territory, Yakutia, and Irkutsk Region.
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