188bet asian Petrovietnam and PVEP delegation visits and works in Venezuela

Recently, from 28th to 31st May 2023, 188bet asian delegation of Vietnam National Oil and Gas Group (Petrovietnam) and Petrovietnam Exploration Production Corporation (PVEP) visited and worked with 188bet asian organizations, agencies and partners in 188bet asian Bolivarian Republic of Venezuela, where PVEP is implementing Junin 2 Oil and Gas Project.

188bet asian delegation was led by Mr. Tran Binh Minh – Petrovietnam’s member of 188bet asian Board of Directors, accompanied by Mr. Tran Quoc Viet – PVEP’s Chairman of 188bet asian Board of Directors; Mr. Trinh Viet Thang – PVEP’s member of 188bet asian Board of Directors, representatives from 188bet asian Divisions of Petrovietnam and PVEP, PVEP Venezuela Branch.

188bet asian delegation works at 188bet asian Venezuelan Ministry of Petroleum

Within 188bet asian framework of 188bet asian trip, 188bet asian delegation had important working sessions with 188bet asian Venezuelan Ministry of Petroleum (MENPET), Ministry of Foreign Affairs, Venezuelan National Oil Company (PDVSA), Venezuelan Oil Company (CVP) – PVEP’s partners at Junin 2 Project, Petromacareo Joint Venture Company and 188bet asian Embassy; representatives of Vietnamese political organizations in Venezuela.

At 188bet asian meeting with Mr. Erick Pérez - Deputy Minister of Petroleum of Venezuela, 188bet asian two sides affirms that Junin 2 project is 188bet asian result of traditional friendship cooperation and 188bet asian “petroleum diplomacy” relationship between Vietnam and Venezuela. Therefore, 188bet asian implementation of 188bet asian project must bring harmonious benefits to 188bet asian two states and 188bet asian investors.

Deputy Minister Erick Pérez said that MENPET was very interested in 188bet asian project’s issues and recognized and appreciated 188bet asian ideas of Petrovietnam/ PVEP on 188bet asian proposal to consider possible options for 188bet asian next period of 188bet asian project. 188bet asian Ministry of Petroleum, PVDSA, CVP and PVEP agreed 188bet asian two sides should set up a Joint Study Group to consider 188bet asian orientation for 188bet asian project with 188bet asian goal of ensuring 188bet asian socio-economic efficiency of Venezuela while also ensuring efficiency for PVEP/CVP investors.

With 188bet asian current political economic situation and 188bet asian current investment environment of Venezuela being more positive, Deputy Minister Erick Pérez hopes 188bet asian activities of Vietnam in general and 188bet asian oil and gas sector in particular will be more and more favorable, effective and hopefully in 188bet asian near future there will be positive information to send to investors soon.

General Meeting of Shareholders of PetroMacareo Joint Venture Company

On 30th May 2023 in Caracas, PVEP’s Chairman of 188bet asian Board of Directors Tran Quoc Viet represented Group B shareholders to attend 188bet asian General Meeting of Shareholders of PetroMacareo Joint Venture Company.

Mr. Tran Quoc Viet – PVEP’s Chairman of 188bet asian Board of Directors and Mr. Louis Molina - Chairman of CVP signed 188bet asian Resolution of 188bet asian General Meeting of Shareholders of PetroMacareo Joint Venture Company

Mr. Trinh Viet Thang – PVEP’s member of 188bet asian Board of Directors and Ms. Ninoska Roriguez - Director of CVP signed 188bet asian minutes under 188bet asian witness of Deputy Minister of Petroleum of Venezuela and leaders of Petrovietnam/PVEP

Within 188bet asian framework of 188bet asian business trip, 188bet asian delegation visited and worked with Mr. Vu Trung My - Vietnamese Ambassador Extraordinary and Plenipotentiary to Venezuela; worked with Ms. Titania Pugh Morento - Deputy Minister of Foreign Affairs in charge of Asia, PDVSA, CVP… on related issues. Representatives of 188bet asian Ministry of Petroleum and Venezuelan partners shared 188bet asian difficulties and obstacles facing 188bet asian project, and also gave positive actions for 188bet asian two sides to soon have research results and proposals for 188bet asian next steps of 188bet asian project.