On January 16, in Ho Chi Minh City, Binh Son Refining and Petrochemical Joint Stock Company (BSR) and PetroVietnam Gas Corporation (PV GAS) signed a comprehensive cooperation agreement.
Attending the signing ceremony were Mr. Pham Tuan Anh - Member of Petrovietnam Board of Directors; Mr. Bui Ngoc Duong - Chairman of BSR Board of Directors; Mr. Nguyen Thanh Binh - Chairman of PV GAS Board of Directors; and representatives of the two units.
Mr. Tran Thai Bao - Deputy General Director of BSR and Mr. Nguyen Phuc Tue - Deputy General Director of PV GAS representing BSR and PV GAS signed a comprehensive cooperation agreement under the witness of leaders of Petrovietnam and the two units.
Accordingly, PV GAS and BSR signed a comprehensive cooperation agreement in many fields based on their strengths and cooperation potential, aiming to optimize resources, improve the operational efficiency of the two units, as well as open up new development opportunities.
Specifically, the two units will continue to promote traditional cooperation in the field of LPG business; cooperate in investing in researching high-octane gasoline blending components to improve quality, increase high-quality gasoline products supplied to the market; research towards providing LNG to partially replace traditional furnace fuels to help reduce emissions for Dung Quat Oil Refinery, ensuring efficiency and competitiveness; cooperate in developing the field of supplying raw materials for petrochemicals; share infrastructure that can be shared between the two units; ...
Mr. Bui Ngoc Duong - Chairman of BSR Board of Directors speaking
Mr. Nguyen Thanh Binh - Chairman of PV GAS Board of Directors speaking
Speaking at the signing ceremony, Mr. Bui Ngoc Duong - Chairman of the Board of Directors of BSR and Mr. Nguyen Thanh Binh - Chairman of the Board of Directors of PV GAS both emphasized that value chain linkage is a major policy, strongly implemented in recent years and very effective at Petrovietnam. The signing of a comprehensive cooperation agreement between BSR and PV GAS aims to continue to realize and promote the effectiveness of chain linkage in the Group; at the same time, bring added value to both sides. The leaders of BSR and PV GAS expressed their confidence in the success of the cooperation and their strong commitment to implementing the cooperation contents into practice, effectively, bringing new values to both sides.
The leaders of BSR and PV GAS expressed their confidence in the success of the cooperation and their strong commitment to implementing the cooperation contents into practice, effectively, and bringing new values to both sides.
This is a strategic event, marking a new step in the cooperative relationship between two leading units in the field of petrochemical refining and natural gas. This cooperation agreement not only opens up strong business development opportunities but also contributes to the sustainable development of Vietnam's energy industry, while affirming the position of the two units in the domestic and international markets.
Source: https://bsr.com.vn/?lang=vi#/bai-viet/bsr-va-pv-gas-ky-ket-thoa-thuan-hop-tac-toan-dien
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