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PE
National Oil Company Integrated

PetroVietnam

Hanoi, Vietnam · Established 1977 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

Vietnam Oil and Gas Group (PetroVietnam/PVN) is the state energy holding company spanning upstream (PVEP), refining (Dung Quat, Nghi Son), power generation, and PV Gas LNG infrastructure. Domestic production approximates 200 kbpd with declining mature fields. FY2024 group revenue approximated $25 billion. Dung Quat refinery (148 kbpd) and Nghi Son refinery (200 kbpd) reduce product import dependence. Block B gas and Ca Voi Xanh (Blue Whale) projects support gas-to-power. Long Son petrochemical...

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