Wednesday, October 28, 2009

Heeere come Petrovietnam Oil at a gas station near you

Vietnam's PV Oil expanding overseas, Cambodia first

27 Oct 2009
Alibaba.com

HANOI, Oct 28 - Petrovietnam's trading arm, PV Oil, has opened its first filling station in Cambodia as part of a project to expand its retail business overseas.

"This is the start of a chain of oil product distribution outlets overseas," PV Oil's subsidary, Petromekong, said in a statement seen on Wednesday.

Initially, the station will retail oil products imported by PV Oil from foreign refineries but eventually Petromekong would distribute products from Petrovietnam's refineries, an official from PV Oil in Ho Chi Minh City said.

Petrovietnam started operations at Vietnam's first refinery, the 140,000-bpd Dung Quat plant, in February this year. The refinery can meet 30 percent of domestic demand.

Two more refineries are planned and when they come online Vietnam would have a total refining capacity of around 600,000 bpd by 2015, about 150,000 bpd of which could be available for export, Petrovietnam officials have said.

In addition to Cambodia, PV Oil was also looking at opportunities to open filling stations in neighbouring Laos, company officials have said.

3 comments:

Anonymous said...

Go for green bicycles folks,leave youn gas station alone ,get khmer gas nearby khmer help khmer only way to survive

Anonymous said...

Khmer should have our own refinery in planning as of now to gradually expand our oil industry, but most importantly is to train our people and keep the jobs in Cambodia. I am sure there will be a lot of oppositions to this but we ought to have oil refinery in our own country.

Anonymous said...

and for self reliance.