Hanoi, Vietnam, March 6 -- Specifically, the Government requests for the application of Clause 8, Article 59 of the 2022 Law on Oil and Gas, which specifies contractors' obligations.
The Government allows the Viet Nam National Industry-Energy Group (PVN) and its subsidiaries to buy, export, and import crude oil and materials for oil and petroleum production.
The Government requests the Ministry of Industry and Trade to proactively take measures to ensure sufficient supply of oil and petroleum for domestic consumption.
The Government calls for utilizing domestic gas for power generation and increase crude oil output.
The Government requests the Ministry of Finance to coordinate with the Ministry of Justice and the Ministry of Industry an...