Petrolimex will reduce about VND100 a liter of diesel at all its own gas stations for customers paying by Flexicard. As announced by Vietnam Petroleum Corporation (Petrolimex), they has applied the preference in retail price for customers who are using Flexicard to buy diesel (non-cash payment) since May 16th, 2012. In detail, as the Decision No. 321/PLX-QD-TGD, any customer buys diesel by ...

In May 16th, moring, the Dung Quat oil refinery (Quang Ngai) started stopping it’s operation within 2 weeks to one month to check and test for the last time. Talking to VnExpress.net in the afternoon of the same day, Mr. Nguyen Hoai Giang, general director of Binh Son Petrochemical - Refinery Company, said Dung Quat oil refinery is reducing capacity gradually to suspend opereation for ...

The gas stations have been operating before March 16th, 2007 without repair, upgrade or rebuild to far from road about 5 m …will be suspended its businesses, this is a new regulation issued by HCMC People's Committee. HCM City People's Committee has issued the Decision on repair, upgrade, and rebuild the existing gas stations that have been operating before March 16th, 2007. Accordingly, ...

On 14th May, afternoon, PTSC Maritime Engineering Service Joint Stock Company (PTSC M&C) owned by Vietnam Gas and Oil Group and Lam Son Operating Join Venture Company (LSJOC) have signed an EPCI contract to jointly tender the Thang Long and Dong Do derricks. Scale of contract includes design, procurement, construction, offshore installation, connection and test run two superstructure blocks at ...

Ministry of Industry and Trade has just decided to temporarily assign the petroleum import quotas of 120,000 cubic meters in 2012 for Hai Ha Waterway Transportation Co., Ltd. (Thai Thuy district, Thai Binh Province), include 40,000 cubic meters of gasoline; 50,000 cubic meters of diesel and 30,000 tons of Mazut. Hai Ha Waterway Transportation Co., Ltd has licensed to import and export ...

Vietnam's Petrolimex is seeking gasoil for delivery in May and June as prices slip to the lowest in more than four months, traders said on Wednesday. The company is seeking two cargoes of 9,000 tonnes each of 500 ppm sulphur gasoil for delivery over May 26-30 and June 22-28 in a tender that closes on May 10. Gasoil prices have slipped more than 5 percent since the start of last week, on a ...

As reported by Ministry of Finance and Ministry of Industry and Trade, retail of petroleum products have been ajdusted to reduce since 22h last night (9/5) and import tax rates will be lifted to 3% from 0% prior. In detail, price of A92 gasoline cut by VND500 a liter since 22h last night (9/5) to VND23,300 a liter, While DO price reduced by VND300 a liter to VND21,600 a liter. Other product ...

Gas and oil prices in the world market continued to decline in recent days. According to source from Petrolimex’s website, petroleum prices from Singapore, a major import market of Vietnam, still has been keeping downward trend since 5th May. In detail, Ron 92 gasoline has retreated to USD122.75 a barrel, kerosene downed to USD126 a barrel and DO 0,05S lowered to USD127.44 a barrel, ...

After hit the peak at USD138 a barrel in early April, A92 gasoline from Singapore has retreated again. Yesterday, price reduced by 1,45% to USD122,4 a barrel. It is following to the trend of the world oil market in the context of slower growth of The U.S. economy. Closed the session in Monday, Brent crude oil prices fell 2% to USD113.16 a barrel while light sweet crude oil in the U.S. market ...

Normal 0 false false false MicrosoftInternetExplorer4 Vietnam Petroleum Corporation (Petrolimex) said that all imported petroleum products including A92 and A95 gasoline, DO, FO, kerosene prices fell simultaneously in April 2012. In detail, A92 gasoline price decreased from USD134.48 a barrel in March to USD131.36 a barrel in ...

Representatives of the Price Management Department (Ministry of Finance) and major petroleum distributors said after lifting fuel price since April 20th, major petroleum distributors has not suffered losses anymore, even profit. At present, crude oil price fluctuates around USD104 a barrel after rose to nearly USD130 a barrel in early March. In April, Vietnam imported petroleum products ...

According to a preliminary report sent to Ministry of Industry and Trade, oil and gas companies have lossed about USD5,000 billion in Quarter I. Gas prices have been increased continuously in recent time to higher levels, but the domestic distributors still bear a huge losses. Talking to reporters, Mr Vo Van Quyen - Director of Domestic Market Department (Ministry of Industry and Trade) ...

Ministry of Industry and Trade (MIT) has sent to the Prime Minister a document for proposing not to intervene in price of electricity and petrol decision. In document, MIT proposed State only control frame of price, sale, transmission, distribution and service fees of power system. MIT said the average price of electricity set by prime Minister is not suitable now once competitive power ...

As announced by cooking gas distributors, retail price of PetroVietnam gas, Saigon Petro… has reduce by another VDN2,917 a kg, equivalent to VND35,000 a cylinder of 12kg to VND370,000 a cylinder of 12kg since 1st May, 2012. The decline of price is due to slump of gas price in the world market. Currently, the world price has reduced by USD140 a tonne to USD852.5 a tonne April ...

Retail price of cooking gas may ease to VND370.000-380.000 a cylinder of 12kg in the early May. As reported by retailers, world gas price currently is offering to Vietnam less than USD900 a tonne, around USD100 a tonne lower than price from early this month. At level, retail price of cooking gas in Vietnam will reduce by VND30,000 a cylinder of 12kg to VND370,000-380,000 a cylinder. New ...