24-25 Feb, 2011 - Hanoi, VIETNAM
Sheraton Hanoi Hotel
Sheraton Hanoi Hotel
Petrolimex, Vietnam's top oil product importer, is now holding an estimated 60 percent of the domestic petrol market.
Petrolimex operates 1,800 pump stations and 65 oil depots nationwide.
According to Reuters, Vietnam relies almost entirely on oil-product imports as it lacks oil refineries.
The country's first refinery, the 140,000-barrels-per-day Dung Quat plant, which has started operations since February 2009, is expected to meet about 40 percent of domestic demand for refined oil products.
No foreign firms operate pump stations in Vietnam although the government has promised to allow foreign investors in the second refinery, Nghi Son, to participate in the retail market before the refinery is completed in 2013, Reuters reported. ~ VietnewsOnline.vn 5 Jan 2010
CMT is delighted to welcome Vietnam National Petroleum Corporation (Petrolimex) to speak at 13th Vietnam OGP on 28 – 29 Oct 2010 (rescheduled to 24-25 February 2011) in Hanoi. Our invited speaker Mr Bui Ngoc Bao, Chairman & President of Petrolimex will be presenting on the topic “State of Retail Business – Will Vietnam Move towards a Deregulated Environment?”
Foreign investors seeking his expert knowledge on Vietnam’s current position and its future plans in the oil retail business, are expected to attend this October event in Hanoi.
