Totalgaz acquires Petronas's LPG business in Viet Nam
Totalgaz Viet Nam Limited has announced the acquisition of Malaysian company Petronas's liquefied petroleum gas business in Viet Nam.
 |
| Total Viet Nam acquires Petronas' liquefied petroleum business. VNS Photo |
The agreement signed late last week in Malaysia covers Petronas's two liquefied petroleum filling facilities in the northern city of Hai Phong and the southern province of Dong Nai together with a large portfolio of customers and partners.
With this purchase, Total will become the second largest LPG player in Viet Nam.
French-owned Total, one of the largest integrated oil and gas companies in the world, has been in Viet Nam for over 20 years in the LPG, lubricants and retail fuel businesses.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Barriers remain as firms pursue e-commerce growth with EU (November 03, 2024 | 15:47)
- Vietnam Economic Pulse Forum discusses sustainable growth (November 01, 2024 | 17:30)
- Vietnam strengthens quality measurement standards cooperation with UAE, Saudi Arabia (October 31, 2024 | 17:18)
- Sanofi steps up efforts to boost community health in Vietnam (October 31, 2024 | 14:56)
- Vietnam SuperPort poised to elevate Vietnam's logistics capabilities (October 31, 2024 | 14:00)
- SABECO brands win big at 2024 International Beer Cup (October 31, 2024 | 11:10)
- Aramco and PetroVietnam sign collaboration framework agreement (October 31, 2024 | 10:30)
- WinCommerce posts net profit in third quarter (October 31, 2024 | 10:27)
- UAE's Presight to boost applied AI and digital transformation initiatives in Vietnam (October 31, 2024 | 10:26)
- Vietnamese coffee industry sets new revenue record (October 30, 2024 | 18:17)
Mobile Version