Title Analysis Report of Petrovietnam Transportation Corporation
Report Type Phân tích công ty
Source Mekong Securities
Detail Date : 28/05/2008
Total pages : 8
Language : English
File Type : .PDF
FileSize : 93 Kb
Download: 111
Vote (You must be logged in to vote)
Short Content
Sole domestic crude oil export transporter. PetroVietnam Transportation Corporation (PVT) is the only domestic shipping company to transport crude oil abroad for PetroVietnam (PVN). The Group has also been authorized by PVN to provide all oil transportation services for the upcoming oil refineries starting with Dung Quat refinery which is expected to commence operation in 1H2009. This could boost its domestic transportation volume to at least 10mn tonnes from 2009 – 2012 from the current 1.5mn tonnes. The volume will be more than double when Nghi Son Refinery comes on streams in 2013 consuming 10mn tonnes of crude oil in the first phase then increasing to 20mn tonnes annually in the second phase.