What is the significance of November 27 in Vietnam? What is the lunar date of November 27, 2024?
What is the significance of November 27 in Vietnam? What is the lunar date of November 27, 2024?
On July 20, 2024, the Prime Minister of the Government of Vietnam issued Decision 1034/QD-TTg of 2009 declaring November 27 each year as the "Traditional Day of Vietnam's petroelum and Gas Industry."
The organization of the traditional day should ensure the requirements of thrift, education of the tradition of Vietnam's petroelum and gas industry, motivating production labor movements for the development of the industry and the career of national development.
Thus, November 27 is the traditional day of Vietnam's petroelum and Gas Industry. According to the Perpetual Calendar, November 27, 2024, corresponds to the lunar day of October 27, 2024.
What is the significance of November 27 in Vietnam? What is the lunar date of November 27, 2024? (Image from the Internet)
What are the main contents of the contractor selection plan for signing petroleum and gas contracts in Vietnam?
According to Article 17 of the Petroleum Law 2022 on the contractor selection plan:
Article 17. Contractor Selection Plan
- The contractor selection plan is prepared for one or several petroelum and gas blocks in the list of petroelum and gas blocks approved in accordance with the provisions of Clause 2, Article 7 of this Law to implement the selection of contractors to sign petroelum and gas contracts.
- The main contents of the Contractor Selection Plan include:
a) List of petroelum and gas blocks and the form of contractor selection for each petroelum and gas block;
b) Preliminary assessment of the petroelum and gas potential of each petroelum and gas block;
c) Time for implementation;
d) Criteria for contractor selection;
dd) Evaluation method.
Thus, the contractor selection plan for signing petroelum and gas contracts has the following main contents:
- List of petroelum and gas blocks and the form of contractor selection for each petroelum and gas block
- Preliminary assessment of the petroelum and gas potential of each petroelum and gas block
- Time for implementation
- Criteria for contractor selection
- Evaluation method
What are the main contents of the production sharing contract for petroelum and gas in Vietnam?
According to Article 30 of the Petroleum Law 2022 on the main contents of the petroelum and gas contract:
Article 30. Main contents of the petroelum and gas contract
- The main contents of the petroleum production sharing contract include:
a) Legal status, participation rights of the contractor signing the contract;
b) Subject matter of the contract;
c) Limits on the area and schedule for returning the contract area;
d) Contract effect, contract duration, stages of the contract, conditions for extensions of stages, and adjustment and extension of contract duration;
dd) Rights and obligations of the contracting parties and the operator;
e) Minimum work commitments and minimum financial commitments by contract stage;
g) Principles for dividing petroleum products and determining recoverable costs;
h) Principles for selecting contractors providing petroleum services, goods serving petroleum activities;
[...]
Thus, the production sharing contract for petroelum and gas has the following main contents:
- Legal status, participation rights of the contractor signing the contract
- Subject matter of the contract
- Limits on the area and schedule for returning the contract area
- Contract effect, contract duration, stages of the contract, conditions for extensions of stages, and adjustment and extension of contract duration
- Rights and obligations of the contracting parties and the operator
- Minimum work commitments and minimum financial commitments by contract stage
- Principles for dividing petroleum products and determining recoverable costs
- Principles for selecting contractors providing petroleum services, goods serving petroleum activities
- Rights of the host country towards the assets and petroleum projects after cost recovery and after contract termination
- Conditions for transferring rights and obligations of the contracting parties
- Rights of PetroVietnam to participate in the contract upon commercial discovery and priority to purchase the participation rights, and rights and obligations transferred by the contractor in the contract upon transfer
- Commitments on commission, training, scientific research funds, and priority use of Vietnamese labor, services
- Responsibilities for environmental protection and safety assurance during petroleum activities; obligation for decommissioning petroleum projects
- Conditions for contract termination, handling of violations
- Methods for dispute resolution arising from the contract and applicable law
