đăng nhập 188bet Ministry of Industry and Trade and Petrovietnam held workshop to introduce Petroleum Law 2022 to Oil and Gas contractors
On 9th March, in Ho Chi Minh City, đăng nhập 188bet Ministry of Industry and Trade and Petrovietnam jointly organized a Workshop to introduce đăng nhập 188bet Petroleum Law 2022 to oil and gas contractors
Attending đăng nhập 188bet workshop were Mr. Tran Thanh Tung - Deputy Director General of Oil, Gas and Coal Department under Ministry of Industry and Trade; representatives of đăng nhập 188bet Government Office, Ministry of Industry and Trade; Committee for Management of State Capital at Enterprises and related ministries and branches.
On đăng nhập 188bet side of Petrovietnam, there are members of đăng nhập 188bet Board of Directors: Bui Minh Tien, Tran Binh Minh, Nguyen Van Mau; Vice Presidents: Duong Manh Son, Le Ngoc Son, Pham Tien Dzung; and representative leaders of Divisions/ Administration Office and đăng nhập 188bet Group’s subsidiaries.
On đăng nhập 188bet side of Vietnam Petroleum Association, there were Dr. Nguyen Quoc Thap – Chairman of đăng nhập 188bet Association; and representative leaders of đăng nhập 188bet Association’s Divisions/ Administration Office.
Overview of đăng nhập 188bet Workshop
đăng nhập 188bet workshop was chaired by Mr. Tran Thanh Tung - Deputy Director General of Oil, Gas and Coal Department under đăng nhập 188bet Ministry of Industry and Trade; Mr. Le Ngoc Son – Petrovietnam Vice President.
Mr. Tran Thanh Tung - Deputy Director General of Oil, Gas and Coal Department, Ministry of Industry and Trade
Mr. Le Ngoc Son – Petrovietnam Vice President
As emphasized at đăng nhập 188bet opening of đăng nhập 188bet workshop by Mr. Le Ngoc Son - Petrovietnam Vice President and Mr. Tran Thanh Tung - Deputy Director General of Oil, Gas and Coal Department under đăng nhập 188bet Ministry of Industry and Trade, đăng nhập 188bet Petroleum Law 2022 has many new and breakthrough points, therefore, through đăng nhập 188bet workshop, it is hoped to widely disseminate đăng nhập 188bet Petroleum Law 2022 to those directly affected, especially oil and gas contractors; it is also an opportunity to listen to and record more opinions, exchange objectively and multi-dimensionally to help đăng nhập 188bet drafting agency perfect đăng nhập 188bet main features of đăng nhập 188bet Decree detailing a number of articles of đăng nhập 188bet Petroleum Law 2022, contributing to đăng nhập 188bet realization and putting đăng nhập 188bet Law into effect from 1stJuly 2023.
Petrovietnam representative introduces đăng nhập 188bet Petroleum Law 2022
At đăng nhập 188bet workshop, đăng nhập 188bet representative of Petrovietnam briefly introduced đăng nhập 188bet content of đăng nhập 188bet Petroleum Law 2022. Accordingly, on 14th November 2022, đăng nhập 188bet 15th National Assembly voted to approve đăng nhập 188bet new Petroleum Law (Petroleum Law 2022). For đăng nhập 188bet first time, đăng nhập 188bet Law on Petroleum of our country has been revised comprehensively since it was first promulgated in 1993. đăng nhập 188bet Petroleum Law 2022 includes 11 Chapters, 69 Articles, takes effect from 1st July 2023, and provides for issues related to basic investigation activities on oil and gas as well as oil and gas activities.
Petroleum Law 2022 is assessed to have many new, progressive and breakthrough contents: đăng nhập 188bet scope of regulation is expanded; new concepts are added to match đăng nhập 188bet scope of đăng nhập 188bet Law; some concepts are adjusted to suit reality; Specifically, Basic Investigation of Oil and Gas is a new content, aiming to establish a legal framework for đăng nhập 188bet implementation and state management of this activity. đăng nhập 188bet State’s policy on oil and gas is clearly expressed with many incentives: no fee for using đăng nhập 188bet sea are for basic investigation of oil and gas and oil and gas activities; investment promotion policy; sharing and access encouragement, and joint use of existing oil and gas infrastructure and works.
In đăng nhập 188bet oil and gas activities, đăng nhập 188bet basis for đăng nhập 188bet implementation of oil and gas activities is đăng nhập 188bet oil and gas contract signed with đăng nhập 188bet Prime Minister's approval or đăng nhập 188bet Prime Minister’s specific decision for đăng nhập 188bet case of full production projects (this is a new content reflecting đăng nhập 188bet actual demand of many oil and gas fields being produced in đăng nhập 188bet final stage).
At đăng nhập 188bet workshop, đăng nhập 188bet participants were also informed about đăng nhập 188bet program to finalize đăng nhập 188bet Decree detailing a number of articles of đăng nhập 188bet Petroleum Law 2022. đăng nhập 188bet formulation of đăng nhập 188bet Decree aims to concretize a number of provisions of đăng nhập 188bet Law in order to unify đăng nhập 188bet implementation method and coordination among stakeholders (organizations, individuals, contractors, Petrovietnam, authorities). đăng nhập 188bet Template Contract for Distribution of Oil and Gas Products (PSC Template Contract) will be đăng nhập 188bet Appendix to đăng nhập 188bet Decree. đăng nhập 188bet Decree must be issued no later than June 2023 to take effect on 1stJuly 2023.
Currently, đăng nhập 188bet Draft Decree (Version 1 has been submitted for comments in Official Letter No. 274/BCT-DKT dated 18th January 2023) includes 68 Articles and 01 Appendix (PSC Template Contract). In which, đăng nhập 188bet main content of đăng nhập 188bet Decree is divided into groups of issues such as: Basic investigation of oil and gas; Process of selecting contractors to sign oil and gas contracts; Oil and gas contract; Regulations on incentives for oil and gas activities; Policy on full production of oil and gas fields, field clusters and blocks; Settlement of expenses for oil and gas activities; Template of Contract for Distribution of Oil and Gas Products.
After listening to đăng nhập 188bet overview of đăng nhập 188bet Law and đăng nhập 188bet draft Decree, đăng nhập 188bet participants in đăng nhập 188bet workshop discussed and contributed ideas on related issues, in order to contribute to supplementing and completing đăng nhập 188bet Decree, soon put đăng nhập 188bet new Petroleum Law into practice.
đăng nhập 188bet participants expressed their agreement with đăng nhập 188bet view that formulation of đăng nhập 188bet Decree detailing a number of articles of đăng nhập 188bet Petroleum Law can be replaced both Decree No. 95/2015/ND-CP dated 16thOctober 2015 on guiding đăng nhập 188bet implementation of đăng nhập 188bet Petroleum Law and Decree 33/2013/ND-CP dated 22nd April 2013 promulgating đăng nhập 188bet Template Contract for Distribution of Oil and Gas Products. This way of regulation will be comprehensive: Fill đăng nhập 188bet contents of đăng nhập 188bet Petroleum Law that have not been regulated or detailed, at đăng nhập 188bet same time, it is also convenient for practitioners to easily learn, refer to and apply.
đăng nhập 188bet participants also agreed with đăng nhập 188bet basic contents of đăng nhập 188bet Draft Decree. However, đăng nhập 188bet majority of opinions were that detailed content of đăng nhập 188bet provisions of đăng nhập 188bet Decree and đăng nhập 188bet Appendix should be reviewed and considered in accordance with đăng nhập 188bet provisions of đăng nhập 188bet Petroleum Law, ensuring consistency, feasibility and suitability with đăng nhập 188bet status of oil and gas activities. In particular, đăng nhập 188bet specific issues of đăng nhập 188bet participants’ interest focused on đăng nhập 188bet provisions regarding approval of oil and gas contracts, preferential policies, contract extension, đăng nhập 188bet process of selecting oil and gas contractors, basic investigation, approval of field development plan, full use, full production, financial regulations, field clearance…
Mr. Vu Minh Duc - Deputy General Director of Petrovietnam Exploration and Production Corporation (PVEP) expected that procedures guiding đăng nhập 188bet implementation of đăng nhập 188bet Law should be clear, simple, and shorten đăng nhập 188bet steps to submit for authority’s approval. Currently, in selection of oil and gas contractors, it is required to follow 3 steps to submit for đăng nhập 188bet Prime Minister’s approval, it may take 3 years or more; therefore, it is necessary to consider shortening, combining to 1-2 steps and specifying time frames in order to get a new oil and gas contract as soon as possible, promote field investment and development, as well as remove existing obstacles so that projects can go on schedule to bring đăng nhập 188bet best economic benefits and efficiency.
Mr. Vu Minh Duc - Deputy General Director of Petrovietnam Exploration and Production Corporation (PVEP)
Mr. Tran Ho Bac - Deputy General Director of PTSC said that previous Petroleum Law mentioned đăng nhập 188bet priority of using đăng nhập 188bet domestic contractors’ services. However, it was not mentioned in đăng nhập 188bet Petroleum Law 2022 as well as draft Decree. PTSC hoped đăng nhập 188bet Decree would supplement regulations on prioritizing đăng nhập 188bet use of human resources, vehicles and equipment of Vietnam; it is also consistent with đăng nhập 188bet strong protectionism taking place in đăng nhập 188bet countries around đăng nhập 188bet world and promoting đăng nhập 188bet development of oil and gas services, especially high quality domestic oil and gas technical services.
Mr. Tran Ho Bac - Deputy General Director of PTSC
Dr. Nguyen Quoc Thap - Chairman of Vietnam Petroleum Association emphasized đăng nhập 188bet tool to bring đăng nhập 188bet Law to life is đăng nhập 188bet Decree; therefore, đăng nhập 188bet Decree should be more specific and detailed in order to put đăng nhập 188bet provisions of đăng nhập 188bet Law into practice. Mr. Nguyen Quoc Thap hoped đăng nhập 188bet guiding Decree would be detailed, highly feasible, enough to attract investment, help management agencies and investors perform their tasks and have common language, help facilitate đăng nhập 188bet smooth implementation of work in practice.
Dr. Nguyen Quoc Thap - Chairman of Vietnam Petroleum Association
Perenco and SK Innovation, two contractors that contributed capital to PVEP in Block 15-1, expressed their interest in đăng nhập 188bet legal validity of đăng nhập 188bet previous oil and gas contract to đăng nhập 188bet new one when Block 15 -1 has been approaching đăng nhập 188bet contract expiration time. đăng nhập 188bet contractors also proposed solutions to simplify some approval processes and procedures in đăng nhập 188bet Oil and Gas Contract to get specific agreements soon to speed up đăng nhập 188bet project’s progress after đăng nhập 188bet signature of new oil and gas contract. In addition, đăng nhập 188bet contractors suggested clarifying đăng nhập 188bet procedures for approving đăng nhập 188bet coordination of đăng nhập 188bet parties in đăng nhập 188bet implementation of đăng nhập 188bet basic investigation, some regulations on đăng nhập 188bet financial mechanism, đăng nhập 188bet method of fee calculation, certification of tax authorities in dossiers sent to competent authorities.
Representative of Perenco
Representative of SK
During đăng nhập 188bet program, Petrovietnam introduced đăng nhập 188bet Plan to select contractors to sign oil and gas contracts in accordance with đăng nhập 188bet provisions of đăng nhập 188bet Petroleum Law 2022 for a number of open blocks expected to be held in 2023.
According to Petrovietnam Vice President Le Ngoc Son, it is expected that Petrovietnam open bids for a number of open blocks with different priority levels, according to đăng nhập 188bet provisions of đăng nhập 188bet new Petroleum Law. This is đăng nhập 188bet first time Petrovietnam has reopened bids since 2011. On this occasion, Petrovietnam briefly introduces to contractors about a number of open blocks that are expected to be put into đăng nhập 188bet bidding with more attractive incentives according to đăng nhập 188bet new Petroleum Law, so that interested contractors can soon research, access information, learn and participate in bidding in đăng nhập 188bet near future.
As concluded in đăng nhập 188bet Workshop by Mr. Tran Thanh Tung - Deputy Director General of Oil, Gas and Coal Department under đăng nhập 188bet Ministry of Industry and Trade, along with noting đăng nhập 188bet comments at today’s workshop, with learning attitude, đăng nhập 188bet agency in charge of drafting Decree wishes to continue receiving comments from contractors with practical experience, suggestions to complete đăng nhập 188bet Decree to submit to đăng nhập 188bet Government for promulgation, contributing to putting đăng nhập 188bet Petroleum Law into practice, minimizing problems in đăng nhập 188bet implementation process.
Some photos on đăng nhập 188bet sidelines of đăng nhập 188bet Workshop:
đăng nhập 188bet participants discuss on đăng nhập 188bet sidelines of đăng nhập 188bet Workshop