PetroVietnam: 60 years of efforts overcoming “Finding oil to enrich the country”

Celebrating 60 years of PetroVietnam on implementing Uncle Ho’s desires 23/7/1959- 23/7/2019).

* PetroVietnam has developed comprehensively

* PetroVietnam has continuously contributed for state budget

* PetroVietnam has important contribution to scientific and practical knowledge for petroleum world theory and technology.

* Total assets have increased more than 5 times; preserving and developing equity nearly 5 times.

* PetroVietnam has become the nucleus of forming concentrated industrial zones in many localities

* PetroVietnam has contributed into national security and sovereignty.

Uncle Ho visited Bacu Petroleum Zone.

Dung Quat Refinery Plant.

Lam Son PTSC FPSO vessel.

Nhon Trach 1 and Nhon Trach 2 Electrical Power Plant.

From the start of operation under the model of economic group in 2006, the total assets of the group are estimated at nearly VND 147,000 billion, then by June 30th 2019, this number VND was 829,200 billion, increased by 5.6 times; equity from more than 98,000 billion in 2006, has reached more than 466,000 billion in 2019, up 4.75 times.

For each stage, PetroVietnam always contribute average 10-20% to state budget; exploiting 391 million of crude oil, over 143 m3 gas; the group has actively promoted and effectively implemented the role of an "economic locomotive" of the country, ensuring social security, making an important contribution to preserving and protecting Vietnam's sovereignty over East Sea.The Group has become a nucleus in the formation of concentrated industrial zones in: Ba Ria - Vung Tau, Dong Nai - Hiep Phuoc, Ca Mau, Dung Quat - Quang Ngai, Vung Ang - Ha Tinh , Nghi Son - Thanh Hoa ... The Group has been honored by the Party and the State with the highest awards.

Celebrating 60 years of Petroleum industry fullfilling Uncle Ho’s wish is an occasion for petroleum worker reviewing history path, together promote the tradition of generations of fire seekers, and raise awareness: Petrovietnam’s brand is associated with national brand, Petro Vietnam’s interests are linked to the interests of the country; Therefore, in any circumstance, oil and gas workers are constantly striving to strive, work and creatively continue to step forward firmly, completing all assigned tasks.

pvn.vn