PETRONAS has signed a memorandum of co-operation (MoC) with Vietnam Oil and Gasoline Group (PETROVIETNAM) to discover potential collaboration alternatives within the upstream, renewable vitality, fuel, and downstream sectors in Vietnam.
The MoC was signed by PETRONAS President and Group CEO, Tan Sri Tengku Muhammad Taufik, and PETROVIETNAM President and CEO, Dr Le Manh Hung.
Taufik mentioned, “This collaboration signifies the shared aspiration of PETRONAS and PETROVIETNAM to offer extra vitality responsibly to gas financial progress that additionally strikes us nearer to a lower-carbon future. In fulfilling our obligations as nationwide vitality firms, we sit up for combining our technological capabilities and experience to develop vitality options in each hydrocarbons and cleaner vitality. The ambition of each NOCs is to proceed providing our respective nations and the area pragmatic options as a part of a sensible and accountable pathway in the direction of a simply vitality transition.”
<>The MoC covers potential collaborations in decarbonisation efforts, and the event of options in sustainable vitality, LNG, and petrochemicals.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/16112023/petronas-and-petrovietnam-sign-moc/
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