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
- Limitations abound for domestic EV carbon credits (December 19, 2024 | 15:00)
- Businesses pivotal in offsetting carbon measures in Vietnam (December 19, 2024 | 13:00)
- Coordination key for circular economy (December 19, 2024 | 10:56)
- Vietnam’s first logistics laboratory established (December 19, 2024 | 08:00)
- Masan Consumer Holdings honoured with consecutive "Great Place To Work" certifications (December 18, 2024 | 16:55)
- SABECO’s research facility a dream for its brewmasters (December 17, 2024 | 10:30)
- Digital twins reshaping Vietnam's logistics and supply chain landscape (December 17, 2024 | 09:34)
- Enterprises awarded for pioneering innovation to attract talent (December 16, 2024 | 16:43)
- Testing future predicted for technology startups in Vietnam (December 14, 2024 | 15:00)
- Vincom Retail named among Forbes Vietnam's top 25 leading brands (December 14, 2024 | 11:58)
Latest News
Mobile Version