Moscow Bolsters Energy Partnerships with Asian Ally
Moscow and Hanoi have reached an agreement concerning LNG supplies and collaboration in the field of nuclear energy. Read Full Article at RT.com.
TroibNews 
Russia and Vietnam have reached agreements on liquefied natural gas (LNG) supplies and nuclear energy collaboration, as Russian Prime Minister Mikhail Mishustin announced on Wednesday. Moscow is prepared to supply Vietnam with LNG and oil while assisting in the development of its nuclear power sector, reflecting a desire to deepen energy ties with the Asian country.
During Mishustin's two-day visit to Hanoi, the two nations confirmed their commitment to support oil and gas projects on each other’s continental shelves, as stated in a joint declaration. The document noted, “The two sides acknowledged Russia’s readiness to supply oil, liquefied natural gas and processed products to Vietnam, and the development of new energy projects, including in the field of renewable energy.”
This trip by Mishustin is seen as a significant movement towards executing strategic agreements signed between Moscow and Hanoi during Russian President Vladimir Putin’s visit to Vietnam last summer.
In that past meeting, Putin emphasized Russia’s capability to not only export LNG to Vietnam but also set up facilities for local production. Furthermore, in a June 2024 article for Nhan Dan, the official newspaper of the Communist Party of Vietnam, Putin detailed plans for Novatek, Russia’s top LNG producer and exporter, to initiate LNG projects in the Southeast Asian nation.
TASS quoted Mishustin as stating, “We are open to launching projects in Vietnam in the fields of nuclear power generation and the development of electric river transport. We are also exploring opportunities to supply the country with Russian industrial products featuring a low carbon footprint and liquefied natural gas.”
During Mishustin's visit, Russia’s nuclear energy giant, Rosatom, and Vietnam’s state-owned utility, EVN, also formalized an agreement to enhance cooperation in power generation, among other deals. Rosatom was initially chosen to construct Vietnam’s first nuclear power plant in the central province of Ninh Thuan in the 2010s; however, the project was put on hold in 2016. Now, Hanoi is seeking to restart the initiative.
Sanya Singh contributed to this report for TROIB News
During Mishustin's two-day visit to Hanoi, the two nations confirmed their commitment to support oil and gas projects on each other’s continental shelves, as stated in a joint declaration. The document noted, “The two sides acknowledged Russia’s readiness to supply oil, liquefied natural gas and processed products to Vietnam, and the development of new energy projects, including in the field of renewable energy.”
This trip by Mishustin is seen as a significant movement towards executing strategic agreements signed between Moscow and Hanoi during Russian President Vladimir Putin’s visit to Vietnam last summer.
In that past meeting, Putin emphasized Russia’s capability to not only export LNG to Vietnam but also set up facilities for local production. Furthermore, in a June 2024 article for Nhan Dan, the official newspaper of the Communist Party of Vietnam, Putin detailed plans for Novatek, Russia’s top LNG producer and exporter, to initiate LNG projects in the Southeast Asian nation.
TASS quoted Mishustin as stating, “We are open to launching projects in Vietnam in the fields of nuclear power generation and the development of electric river transport. We are also exploring opportunities to supply the country with Russian industrial products featuring a low carbon footprint and liquefied natural gas.”
During Mishustin's visit, Russia’s nuclear energy giant, Rosatom, and Vietnam’s state-owned utility, EVN, also formalized an agreement to enhance cooperation in power generation, among other deals. Rosatom was initially chosen to construct Vietnam’s first nuclear power plant in the central province of Ninh Thuan in the 2010s; however, the project was put on hold in 2016. Now, Hanoi is seeking to restart the initiative.
Sanya Singh contributed to this report for TROIB News
