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$) |
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Petrol (per litre) |
16,300 VND/L and 0.86 US$/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 |
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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 |
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Is there a rationing system? (Yes / No) |
No |
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Is fuel to lower income/vulnerable groups subsidized? (Yes / No) |
No |
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Can the local industry expand fuel supply to meet humanitarian needs? (Yes / No) |
Yes |
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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 |
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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 |
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Is there a national or regional standards authority? (Yes / No) |
Yes | |||||
If yes, are the standards adequate/properly enforced? (Yes / No) |
Adequate | |||||
Testing Laboratories |
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Are there national testing laboratories? (Yes / No) |
Yes | |||||
Fuel Quality Testing Laboratory |
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Company | Central Laboratory | |||||
Name |
n/a |
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Address |
1 Kham Thien, Ha Noi, Viet Nam |
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Telephone and Fax |
Tel: +84 4 8513205 Fax: +84 4 8513207 |
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Contact |
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Standards Used ASTM Aviation Fuel Methods IP Aviation Fuel Methods Jointly Operated Systems (AFQRJOS), MIL, MOD, GOST and other protocols, standards and methods |