17/12/2009
The PetroVietnam Oil (PV Oil) Corporation will take over Shell Laos as part of PV Oil’s strategy to develop its market in regional countries, including Cambodia and Laos.
A contract is to be signed on Dec. 17 and PV Oil plans to restart business immediately.The PetroVietnam Oil (PV Oil) Corporation will take over Shell Laos as part of PV Oil’s strategy to develop its market in regional countries, including Cambodia and Laos.
PV Oil was established in June 2008 by merging the PetroVietnam Trading Corporation (Petechim) and the Oil Processing and Distribution Company (PDC) - both were subsidiaries of the Vietnam National Oil and Gas Group (PetroVietnam).
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