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Viet Nam Fuel

Viet Nam’s oil sector is dominated by state-owned Viet Nam Oil & Gas Corporation (PetroVeitnam). PetroVeitnam is under the control of the Ministry of Industry, although in practice the national oil company (NOC) is also directed by the Politburo and other central government planning agencies. All oil production in the country is carried out by PetroVeitnam itself, or through production sharing contracts (PSCs) or joint-ventures in which the national oil company has an equity stake.
The largest oil producing company in Viet Nam is Vietsovpetro (VSP), which is a joint-venture between PetroViet Nam and Zarubezhneft of Russia. PetroViet Nam also has formed partnerships with other international oil companies (IOCs) and NOCs, including BP, ConocoPhillips, Korea National Oil Corporation (KNOC), Malaysia’s Petronas, Nippon Oil of Japan, and Talisman. PetroViet Nam also controls Viet Nam’s downstream oil sector through various subsidiaries, such as Petechim and PetroViet Nam Oil Processing and Distribution Company.

The Vietnamese government began to privatize the national oil company’s non-oil-related business units in 2006, although it is expected that hydrocarbon activities will remain under state control.

Information may also be found at: Website of Mytravelcost on Vietnam  which is updated monthly. 

4.1 Viet Nam Government Contact List

4.7 Viet Nam Fuel Provider Contact List

Further information on the services provided by the identified fuel contacts can be found in the following document:

Vietnam Fuel Additional Information

Fuel Pricing

For information on Fuel Supply and Storage, Fuel Marketing and Distribution, Fuel Supply and Fuel Demand please see the following document

Vietnam Fuel Additional Information

Fuel Prices as of: Dec 2009 (local currency and US$)

Petrol (per litre)

16,300 VND/L and 0.86 US$/L

Diesel (per litre)

14,300 VND/L and 0.76 US$/L

Paraffin (per litre)

275,000 VND/12Kg and 14.89 US$/12Kg

Jet A1 (per litre)n/a

Seasonal Variations

Seasonal Variations

Are there national priorities in the availability of fuel, e.g. are there restrictions or priorities for the provision of fuel such as to the military? (Yes / No)

No

Is there a rationing system? (Yes / No)

No

Is fuel to lower income/vulnerable groups subsidized? (Yes / No)

No

Can the local industry expand fuel supply to meet humanitarian needs? (Yes / No)

Yes

Is it possible for a humanitarian organization to contract directly a reputable supplier/distributor to provide its fuel needs? (Yes / No)

Yes

Fuel Transportation

How is internal transportation of fuel products carried out? Much of the country’s fuel supply is transported by road. Petrolimex also operates 300 miles of petroleum product pipelines

Is the transportation infrastructure and fleet sufficient to handle current domestic needs as well as increased demand from the humanitarian community? Yes

Standards, Quality and Testing

Industry Control Measures

Tanks with adequate protection against water mixing with the fuel

(Yes / No)

Yes

Filters in the system, monitors where fuel is loaded into aircraft

(Yes / No)

Yes

Adequate epoxy coating of tanks on trucks

(Yes / No)

Yes

Presence of suitable fire fighting equipment

(Yes / No)

Yes

Standards Authority

Is there a national or regional standards authority? (Yes / No)

Yes

If yes, are the standards adequate/properly enforced? (Yes / No)

Adequate

Testing Laboratories

Are there national testing laboratories? (Yes / No)

Yes

Fuel Quality Testing Laboratory

CompanyCentral Laboratory

Name 

n/a

Address

1 Kham Thien, Ha Noi, Viet Nam

Telephone and Fax

Tel: +84 4 8513205

Fax: +84 4 8513207

Contact

hungnq@plc.com.vn

Standards Used

ASTM Aviation Fuel Methods

IP Aviation Fuel Methods

Jointly Operated Systems (AFQRJOS), MIL, MOD, GOST and other protocols, standards and methods