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Updates, stories and category highlights from Petrovietnam.

Petrovietnam attended the 90th anniversary of the founding of Nenets Autonomous Area and the Oil and Gas Day of the Russian Federation 23/09/2019

Petrovietnam attended the 90th anniversary of the founding of Nenets Autonomous Area and the Oil and Gas Day of the Russian Federation

At the invitation of Mr. Tsybulsky Aleksander Vitalevich - Governor of Nenets Autonomous Area, on 13th - 14th September 2019, Mr. Phan Ngoc Trung - member of the Board of Directors led Petrovietnam’s working group to attend the 90th anniversary of the founding of Nenets Autonomous Area and the Oil and Gas Day of the Russian Federation. The working group included Rusvietpetro leader, Head of the Group’s Representative Office in Russia and Representative of the Group’s Administration Office.

Fitch Ratings rates independent credit of PVN at BB+ 16/09/2019

Fitch Ratings rates independent credit of PVN at BB+

On 13th September 2019, Fitch Ratings announced the results of rating PVN’s independent credit at BB+; long-term foreign currency issuer default rating (IDR) for the first time at “BB” level with “Positive outlook”. This IDR rating of PVN corresponds to the national credit rating of Vietnam (BB/ Positive outlook).

Petrovietnam: 44 years accompanying and developing with the country 05/09/2019

Petrovietnam: 44 years accompanying and developing with the country

On 3rd September 1975, the Government Council issued Decree No. 170/CP on the establishment of the Vietnam General Department of Petroleum and Gas (now is Vietnam National Oil and Gas Group). It has been 44 years since this event, Vietnam National Oil and Gas Group has overcome many difficulties, challenges, continuously developed, contributed to ensuring national energy security and became economic leader in the national construction and development.

PV GAS signs contracts for Thi Vai LNG – Nhon Trach project chain 10/07/2019

PV GAS signs contracts for Thi Vai LNG – Nhon Trach project chain

On 24th June 2019 at PVN headquarters, the signing ceremony of “Contract for design, procurement of equipment and materials, construction and trial operation of Thi Vai LNG storage project” between PVGAS and Samsung C&T/PTSC General Contractor and “Frame Contract for LNG supply and consumption for Nhon Trach 3 & 4 Power Plant project” between PV GAS and PV Power took place

PVN leaders accompany Prime Minister in official visit to Russian Federation and business trip to the United Kingdom 30/05/2019

PVN leaders accompany Prime Minister in official visit to Russian Federation and business trip to the United Kingdom

At the invitation of Russian Prime Minister Medvedev D.A., Prime Minister of the Socialist Republic of Vietnam Nguyen Xuan Phuc paid an official visit to the Russian Federation from 20th May 2019 to 23rd May 2019. PVN Chairman of the Board of Directors Tran Sy Thanh, leaders of Vietsovpetro, Bien Dong POC, PVEP, PVGAS, PVOIL and the Group's Divisions accompanied the Prime Minister on the trip. After the trip to Russia, the Group's leaders had a business trip to the United Kingdom.