oil & gas
oil & gas
Top level forum
29 Sep 2011
The top level forum on September 29th, register before September 19th, will mark an important phase for the partnership in the energy sector – which is one of the five focus sectors in bilateral relationship between The Netherlands and Vietnam
Happening date: 29 September 2011
Register HERE before September 19th, 2011
The Vietnamese economy grew last year with 6.5% - the 2nd fastest growth in Asia and will become the 14th largest economy in 2050 (*), the country is now the third largest oil producer in South East Asia and has become an active petroleum prospecting region.
Capital expenditure in the Vietnamese oil & gas sector will remain high as exploration success is on the rise in Vietnam. In 2010, seven new oil fields were discovered and five new oil wells were put into production including three in Vietnam and two overseas.
Vietnam’s oil and gas “Master Plan Toward 2015 and Vision to 2025” will require an investment of $200 billion, in which Petrovietnam’s share will be $80 billion. In 2010, the country’s first refinery started operation, the second, the third refinery and petrochemical complex are scheduled to come on-stream in 2013 and 2014. Recently approved national master plan for power development needs $120 billion investment.
Vietnam offers therefore a huge potential for Dutch companies active in oil & gas, power generation and energy sector.
The top level forum on September 29th will mark an important phase for the partnership in the energy sector – which is one of the five focus sectors in bilateral relationship between The Netherlands and Vietnam with:
• The launching of AETIN (Advanced Energy Technology INternational) - the 2g@there program for oil and gas sector in Vietnam
• The signing Energy MoU by HE Mr Maxim Verhagen, Minister of EL&I and HE Mr Vu Huy Hoang, the Minister of Ministry of Industry and Trade (MoIT) with witness of HE Mr Nguyen Tan Dung, The Prime Minister of Vietnam
• The signing LoI between Petrovietnam and Vietnam Consult & Trading BV (VCT) –
the co-ordinator of AETIN
• The signing MoU between TU Delft and Petrovietnam University
The signing of MoU’s and LoI will be also witnessed by high level diplomats and other VIP’s from both countries.
This forum is organized to open opportunities for companies from two countries to join, to witness important events, to meet the key decision makers in energy sectors on both sides and to exchange idea for co-operation.
Please Register here before September 19th, 2011 to secure a place, since the number of seats is limited. The acceptance will be based on ‘first-come, first-served’ principle.
(*): GDP measured in PPP – Purchasing Power Parity – as PWC’s report ‘The World in 2050’
To download the Invitation, please click Top Energy Forum Vietnam oil & gas - Netherlands 29 September 2011