 Petrovietnam Vice President Le Manh Cuong receives a delegation from ExxonMobil, led by Leter R. Lavoy, Senior Director for International Government Relations in the Asia-Pacific region, Hanoi, June 27, 2025. (Photo: petrocons.vn) |
The two sides discussed measures to promote trade cooperation in the oil and gas sector, contributing to increased bilateral trade between Vietnam and the US.
Cuong urged Petrovietnam’s member units, including BSR and PVOIL, to continue direct exchanges with ExxonMobil toward signing a framework agreement on long-term crude oil supply for the Dung Quat Refinery. The agreement would help ensure a stable supply of raw materials for production while expanding ExxonMobil's crude oil business.
He also introduced potential investment locations in Vietnam, highlighting Petrovietnam’s ability to leverage existing infrastructure, raw materials, and operational experience from its member units as key competitive advantages for long-term investment projects.
 (Photo: petrocons.vn) |
Cuong emphasized Petrovietnam’s readiness to support partners throughout the survey, evaluation, and investment implementation process, contributing to the realization of strategic cooperation projects in line with the energy transition trend and the sustainable development goals of both sides.
