Petrovietnam Energy Pillar
Core Business

Energy Pillar

The Energy Pillar plays a vital role in safeguarding Vietnam's national energy security by providing essential energy products that support economic growth and social development, while expanding into renewable, new and cleaner energy solutions.

132 Offshore platforms and facilities
2,481 km In-field and subsea pipelines
70-80% Domestic civil gas supply
8,229 MW Total power capacity

Energy Pillar Overview

The Energy Pillar plays a vital role in safeguarding Vietnam's national energy security by providing essential energy products that support economic growth and social development. In response to the global energy transition, Petrovietnam is proactively adapting and evolving through the diversification of its energy portfolio, while expanding investments in renewable energy, new energy and cleaner energy solutions.

This pillar encompasses the entire traditional oil and gas value chain, from exploration and production to refining and petroleum products, while continuing to advance the gas industry and LNG sector. At the same time, Petrovietnam is expanding into emerging energy sectors, including nuclear power, offshore wind power, solar energy, green hydrogen, green ammonia, sustainable aviation fuel (SAF), energy storage solutions and related technologies.

This strategic direction is designed to create new growth drivers, enhance the Group's competitiveness, strengthen its resilience in a rapidly evolving energy landscape, and elevate Petrovietnam's position as a leading energy industry corporation on both the regional and international stage.

Key Areas of Operation

01

Traditional oil and gas value chain

Exploration, production, refining and petroleum products that help safeguard national energy security and supply essential products to the economy.

02

Gas industry and LNG

Advancing gas infrastructure, LNG capabilities and market development to diversify Petrovietnam's energy portfolio.

03

Nuclear and offshore wind power

Expanding into strategic new energy sectors to create growth drivers and enhance Petrovietnam's regional and international position.

04

Solar and cleaner energy solutions

Investing in cleaner energy solutions to adapt to the global energy transition and support sustainable development.

05

Green hydrogen, green ammonia and SAF

Developing green fuels and sustainable aviation fuel to strengthen long-term competitiveness in emerging energy markets.

06

Energy storage and related technologies

Exploring energy storage and enabling technologies that improve resilience in a rapidly evolving energy landscape.

Safeguarding Energy Security - Driving Sustainable Growth

Petrovietnam is strengthening its core energy role while creating new growth drivers through renewable energy, new energy, cleaner energy solutions and related technologies.