1. Oil & Gas Development in Vietnam
GE Oil & Gas Annual Meeting
Florence, February 2010

2. Table of Contents
Section 1 – Introduction
Section 2 – Key Highlights
Section 3 – Business Overview
Section 4 – Business Strategies
Section 5 – Conclusion
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3. Meeting Agenda
PetroVietnam is the flagship energy company of Vietnam operating in exploration &
production, with ancillary business lines in refining, fertilizer, petrochemicals,
infrastructure, power, petroleum services and financial services
In the course of today’s conference, we intend to provide:
An introduction and overview of PetroVietnam Group and its historical performance
A review of PetroVietnam’s core business
Insights into PetroVietnam’s growth potential
Details on PetroVietnam’s planned projects
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4. Section 2 Key Highlights
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5. 1 The Flagship Energy Company of Vietnam
• Petroleum Law grants the right to PetroVietnam to explore, develop and own reserves
and produce petroleum products on behalf of government
• 2009A domestic proved reserves of 4.4 Bn boe (63.62% oil)
Exclusive Rights • 2009A Domestic Production: 474 mboe/d (71.86% of oil)
to Vietnam’s Oil • Reserves replacement rate: 138% in 2007, 142% in 2008 and 147% in 2009
& Gas Resources • Majority of oil reserves consist of high quality sweet crude, which typically enjoys
premium pricing
• Wholly owned by the government
• PetroVietnam enjoys support in the form of:
– 50% of government profit share from E&P activities
Strong support of – Project funding from the Vietnam Development Bank
Vietnam – Loan and payment guarantees from Ministry of Finance
Government – Guaranteed supply of US dollars by Ministry of Finance to meet part of PetroVietnam’s
needs
– Tax exemptions or reduced tax rates on exploration and refining activities
– Back-in rights to participate in petroleum contracts in Vietnam
• Largest company in Vietnam
Major Contributor – 2009A revenue of US$8.1Bn, 9% against Vietnam GDP
to Vietnamese – As of 2008 year end, total assets of US$16.6Bn
Economy
Notes
1. Relevant experience includes experience in either a government outfit or in any activity that PetroVietnam operates in
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5 2. Excluding that of the two government nominees

6. 2 Growth through Vertical Integration and Scale
2013
Exploration & Production
• Grow international reserves and production base
• Increase total whole block proved reserves by 30-35mm
tons (225-263 mmboe) per year to reach 5.6-5.8Bn boe
by 2013
Today (1)
• Increase total whole block production to 25-30mm tpa
(514-616 mboe/d), implying a CAGR of 3.8% to 7.6%
Exploration & Production
• Participation in 55 contracts in Vietnam and 23 contracts
internationally Refining & Petrochemicals
• Domestic and international proved reserves of 4.4Bn and 98mm • 3 refineries with combined capacity of 26.5mmtpa
boe respectively, with 2009A reserves replacement ratio of 147 % (545mbbls/d) (2)
• 2009A domestic production of 474 mboe/d • 2 fertilizer plants with combined capacity of 1,540k tpa
• Comprehensive technical capabilities to execute E&P projects • Condensate plant: 270k tpa
independently • Petrochemicals: Southern Petrochemical complex (3
mmtpa (2)), DOP (30k tpa), Polypropylene (150k tpa)
and Polyester (170k tpa)
Refining & Petrochemicals
• 3 Bio-ethanol plants: 300MM liters/yr
• Dung Quat refinery: 6.5mmtpa (134mbbls/d) under completion
2001 Infrastructure & Trading
• Phu My Fertilizer plant: 740k tpa
• 580 domestic and 20 international service stations
Exploration & Production • Condensate plant: 270k tpa
• Expected market share to increase to 76% for
• Exclusive focus on domestic operations • DOP plant: 30k tpa petroleum products and 96% for fertilizers
• Total domestic production of 379 Infrastructure & Trading • Total gas pipeline capacity of 20.0 Bcm (3)
mboe/d • Market share: total petroleum products (34%), fertilizer (46%) Power
• Full dependence on foreign contractors • 74 service stations in Vietnam • Diversified power assets portfolio including gas, coal
for E&P project execution
• Total gas pipeline capacity of 13.0 Bcm and hydro power
• 7 power plants with total installed capacity of 4,205MW,
Refining & Petrochemicals Power
representing 30-35% of total domestic installed capacity
• DOP petrochemical: 30k tpa • 3 gas power plants with total installed capacity of 1,950MW
• No refining / fertilizer activities Petroleum & Financial Services
Petroleum & Financial Services • Expansion petroleum services to support growth of E&P
Petroleum & Financial Services • Full range of drilling, technical & other petroleum services activities
• Limited drilling, technical & other • Leading market position in oil & gas insurance • Continuous growth in financial services to support
services • Banking services mainly through PVFC group financing and insurance needs
Exploration & Production Other Business Lines
Notes
1. All numbers are as of 2009 except for the production and reserve
2. By 2015
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6 3. Two pipelines are still in feasibility study stage and, hence, their capacity cannot be projected and not added in here

7. 3 Resilient Macro / Market Fundamentals
• Vietnamese economy has demonstrated resilience during global economic downturn
compared with other South-East Asian countries and is expected to enjoy strong growth
over the next two years
Resilient to • Vietnam’s real GDP growth in 2009 was 5.32%, higher than other major South-East
Global Economic Asian countries including Indonesia (4.4%), Malaysia (-2.8%), Singapore (-2.1%) and
Downturn Thailand (-3.5%), according to Global Insights (2)
• Vietnam’s real GDP is expected to grow 4.7% and 6.2% in 2009 and 2010 respectively,
significantly higher than the forecast real GDP growth (1) of other major South-East
Asian countries, according to Global Insights (2)
Improving • Trade liberalization, eg. WTO
Efficiency & • Gradual economic reform since “Doi Moi” (openness) policy have improved economic
Sufficient Foreign efficiency
Exchange • Sizable cushion of foreign exchange reserves of ~US$16Bn
Reserves
• Energy consumption in Vietnam has grown significantly since 2005, tracking rapid
economic growth
Growing Energy • According to BMI Research (3), Vietnam’s primary energy consumption is expected to
Consumption grow from 143mmboe in 2008 to 199mmboe in 2012E, a CAGR of 8.6%
• Oil and gas is a key energy source for the country, accounting for over 60% of primary
energy production, according to BMI Research (3)
Notes
1. Real GDP growth forecasts in 2010 are Indonesia (5.3%), Malaysia (5.3%), Philippines (3.5%) and Thailand (5.0%)
2. Global Insights Q4 2009
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7 3. BMI Research Q4 2009

8. Key Potential Credit Concerns and Mitigants
Potential Concerns Mitigants
• Regulatory risk is limited and manageable in view of the following:
− PetroVietnam is not required to pay any dividends to the Government of Vietnam
− PetroVietnam’s large contribution to the state budget through PSC profit oil sharing and taxes
Government − Petroleum Law states that PetroVietnam has the right to explore, develop and own reserves and
Intervention produce petroleum products on behalf of government
− Petroleum Law and Investment Law state that Government must compensate losses caused as a
result of the changes in law
− No change in PSC terms since 2000
− Liberalization of gasoline prices shows Government’s intention towards less market intervention
• Rigorous investment screening mechanisms and flexibility on timing of capital expenditure
Commodity Price
Risk • Increased vertical integration will increase PetroVietnam’s ability to capture margins across value chain
and provide diversified revenue base
• Appropriate hedging program will be analyzed and employed to minimize risks
Exchange Rate Risk • Ministry of Finance guarantees to supply US dollars at market exchange rate to meet part of
PetroVietnam’s needs
• Core business generates strong operating cash flow to support expansion
• Philosophy of ‘spending within its means’ as evidenced by strong financial profile despite commodity
price collapse; management will continue conservative financial policies and track capital spending
rigorously
Execution Risk • Support from the Government, long-term relationships with lending banks and risk- and cost-sharing
through partnerships with leading industry partners provide PetroVietnam with steady access to funding
necessary for the execution of new projects
• Implementation of lessons learnt from previous projects such as Dung Quat refinery project
• Partnership with industry partners provides expertise
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9. Section 3 Business Overview
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10. Corporate History
1960-1975 1976-1980 1989-2000
Exploration Early Stage E&P Partnerships “Open Door” Policy
• 1960: Petroleum exploration • Vietnam General Department of • “Open door” policy attracts aggressive oil and gas
activities in Vietnam first start in Oil and Gas signs five Petroleum exploration, PetroVietnam signs over 40 contracts
Hanoi Trough Contracts with three foreign oil with over 50 companies, including Chevron, BP,
• 1970: Natural gas first discovered companies, including AGIP, for RD/Shell, Total and ONGC
in Thai Binh province exploration and production in the • Vietnam attracts over US$3Bn from foreign
South Continental Shelf investment for petroleum in the upstream sector
1960 1970 1980 1990 2000 2009
1975 1981-1988 2000-present
Establishment of JV Arrangements with Russia Vertical Integration
PetroVietnam • Vietsovpetro, petroleum JV between • Growth and internationalization of E&P
Vietnamese and USSR government, activities
established in 1981 • PetroVietnam expands into mid and
• Exploration in Bach Ho field lead to downstream activities, new policies for
discovery of crude oil upstream attract foreign direct investment
• PetroVietnam was assigned to build (i) three
refineries: Dung Quat, Nghi Son and Long
Son; (ii) five thermal Power Plants and (iii)
three Bio-fuel Plants.
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11. Corporate Structure
Exploration & Production Refining & Petrochemicals
PetroVietnam Exploration and Production Binh Son Oil
PVFCCO
(PVEP) Refinery (BSR)
100.0% 100.0% 61.37%
Infrastructure & Trading Power
Dinh Vu JSC PetroVietnam Oil Corporation PV Power Corp
Vietsovpetro JV (VSP) Nghi Son Refinery
(PV Tex) (PV Oil) (PV Power)
50.0% 25.1% 56.0% 100.0% 100.0%
PetroVietnam Gas Corporation Energy Inspection Company
Rusvietpetro JV Long Son Petrochemical Complex JV
(PV Gas) (EIC)
49.0% 18.0% 100.0% 29.0%
PetroVietnam (1) (2)
Project Management Scientific Research PetroVietnam Coal
Binh Du BOC
Boards Institutions Corporation
Construction Other Services Petroleum Services Transportation Financial Services
PetroVietnam Construction Phuong Dong
Petrosetco PTSC PV Transportation PVFC PVI
(PVC) Tourism (PTC)
72.9% 51.0% 51.0% 51.0% 57.9% 78.0% 52.0%
PV Machine & PV Drilling Phuoc An Port
PV Tech Pro Ocean Bank
Equipment
100.0% 50.0% 50.4% 15.0% 20.0%
DMC
51.0%
Notes
1. Headquartered in Hanoi with representative offices in Ho Chi Minh, Laos, Russia, USA and UAE
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11 2. % represents the PetroVietnam ownership

12. Exploration & Production – Domestic
PetroVietnam Domestic E&P Map Key Facts
• Currently, 55 contracts are effective
1 Song Hong Basin • 2009A Vietnam total reserves:
2 Phu Khanh Basin − Proved: 4.4Bn boe (63% oil)
3 Cuu Long Basin − 2007A-2009A annual reserve replacement ratio of 138%,
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142% and 147% respectively
4 Nam Con Son Basin
• 2009A domestic production:
5 Malay – Tho Chu Basin
− Total production: 474 mboe/d (71.86% of oil)
• 2009E production:
− Total production: 16.49 mm ton of oil and 8 bcm of gas
• Key Developments:
− 9 discoveries since 2008
− 14 development projects to come into production in near
term
2 − Existing portfolio supports strong production growth in the
medium to long term
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Key Partners
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13. Exploration & Production – International
PetroVietnam Global E&P Map Key Facts
Block Junin 2 Block E1, E2 Danan Oil Field Nhenhetxki, Nagumanov • Focus areas:
Venezuela Tunisia Iran Russia
− Latin America – North Africa
Amara,
Iraq
Ramsag,
Mongolia
− FSU – South-East Asia
• First international footprint in 2002 through
acquisition of Block 433a, Algeria
Block PM304
Malaysia
• First international production in 2006 from
Bomana, Block 304, Malaysia
Cameroon Block SK305
Malaysia • Presently, active with 21 contracts in 15
Block 16, 17, 18, Block countries
31, 32, 42, 43 Randugunting
Cuba Indonesia, • 2008A international proved reserves:
Z47, 162, 98mmboe
Peru
Blocks Champasak & • 2008A international production: 2.1mboe/d
Marine XI, Block 433a & 416b Saravan,Block Maunga,
Congo Algeria Savanakhen, Laos Madagascar • Strong potential for growth
– 5 development projects to come on-
stream in the next two years from
Malaysia, Russia, Algeria and Venezuela
Key Partners
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14. Midstream Overview
Gas Pipeline Gas Pipeline Overview
Gas Pipelines
Bcm / year
2008A 2009E 2010E 2011E 2012E 2013E
Under operation
Rang Dong – Bach Ho 2.0 2.0 2.0 2.0 2.0 2.0
Phu My-Hiep Phuoc 2.0 2.0 2.0 2.0 2.0 2.0
Nam Con Son 7.0 7.0 7.0 7.0 7.0 7.0
PM3-CAA 2.0 2.0 2.0 2.0 2.0 2.0
In preparation stage
Block B & 52– O Mon - - - - 7.0 7.0
West - East Pipeline Still in feasibility study stage
Nam Con Son 2 Still in feasibility study stage
To Update
Gas Supply
• Currently supply ~8 Bcm/year of gas
through existing pipeline network
• Target to supply ~14 Bcm/year of gas by
2015
Existing Pipeline
Pipeline Under Construction
Planned Pipeline
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15. Refining, Fertilizer and Petrochemicals Overview
Dinh Vu Polyester Plant Phu Tho Bioethanol Plant
(175k tpa), 2011 (100mm Liter / yr)
2010-2011
Nghi sơn Refinery Dung Quat Refinery
(10 mmtpa, or 205mbbls/d) (6.5 mmtpa, or 134mbbls/d)
2014 2009
Polypropylene Project (150k tpa), 2010
Southern Petrochemical Complex
(3MM tpa), 2015
Dung Quat Bioethanol Plant
Long Sơn Refinery (100mm Liter / yr)
(10 mmtpa, or 205mbbls/d) 2010-2011
2015
Binh Phnoc Bioethanol Plant Refinery (1)
(100mm Liter / yr), 2012 Fertilizer (1)
Cà Mau Fertilizer
(800k tpa), 2012
Condensate Plant Petrochemical (1)
(270k tpa), 2004
Phu My Fertilizer
(740k tpa), 2004 DOP Plant
(30k tpa), 1997
Selected Market Share Data
Petroleum Products Fertilizer Polyester
% % %
96%
76% 69%
46%
34%
9%
Today 2015 Today 2012 Today 2014
PetroVietnam Others
Note
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15 1. The year refers to that of completion; and ‘tpa’ means tonnes per annum

16. GE equipments in PetroVietnam project
LOCATION Year NR OF UNITS Product MODEL SERVICE Unit Status COD Date END USER
WHITE TIGER 1996 1 RECIPROCATING COMPRESSORS 2HD/2 LIFT Running VIETSOPETRO
WHITE TIGER 1996 1 RECIPROCATING COMPRESSORS 2HD/2 BOOSTING Running VIETSOPETRO
DINH CO 2001 1 RECIPROCATING COMPRESSORS 2HD/2 RECOMPRESSION Running BP PIPELINES VIETNAM BV
DINH CO 2001 1 RECIPROCATING COMPRESSORS 2HD/2 RECOMPRESSION Running BP PIPELINES VIETNAM BV
PHU-MY 2001 1 STEAM TURBINES MECHANICAL DRIVE NK 32/36 REFRIGERATION Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2001 1 STEAM TURBINES MECHANICAL DRIVE EKNK 40/36 SYNGAS-RECYCLE Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2001 1 STEAM TURBINES MECHANICAL DRIVE NK 40/45 PROCESS AIR Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2001 1 CENTRIFUGAL COMPRESSORS 2MCL 527 REFRIGERATION Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2001 2 CENTRIFUGAL COMPRESSORS 2BCL 458 + 2BCL 409/A SYNGAS-RECYCLE Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2001 2 CENTRIFUGAL COMPRESSORS 2MCL 805 + 2MCL 356 PROCESS AIR Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2001 1 GAS TURBINES MD FRAME 5 UREA Running 30-Mar-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 SRL CENTRIFUGAL COMPRESSORS SRL 252 AMMONIA Running 6-Apr-04 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 REACTORS/S&T HEAT EXCHANGERS SURFACE CONDENSER AMMONIA Running na PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS NA LO Running 8-Jun-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS NA LO Running 8-Jun-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS VCD BFW Running 23-Jun-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS VCD BFW Running 23-Jun-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS DDHF BFW Running 5-Aug-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS DDHF BFW Running 5-Aug-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS MSN Wcond Running 5-Aug-03 PETROVIETNAM TRADING COMPANY
PHU-MY 2002 1 CENTRIFUGAL PUMPS MSN Wcond Running 5-Aug-03 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2005 2 CENTRIFUGAL COMPRESSORS RD7B RECYCLE Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 2HD/1 MAKE UP Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 2HD/1 MAKE UP Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 CENTRIFUGAL COMPRESSORS RB8B MAKE UP Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 4HE/3 RECYCLE Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 4HE/3 RECYCLE Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 4HE/3 RECYCLE Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 2HB/1 RECYCLE Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY
DUNG QUAT 2006 1 RECIPROCATING COMPRESSORS 2HB/1 RECYCLE Installation 1-Feb-09 PETROVIETNAM TRADING COMPANY

17. Power Overview
Power Generation Portfolio Power Asset Overview
Capacity by Fuel Type
2008A 2013E
Hydro
Coal 7%
29%
Gas
100%
Thai Binh
Hua Na Gas
64%
Total Capacity: 1,500MW Total Capacity: 4,205MW
Power Plants
Vung Ang MW
Quang Trach
2008A 2009E 2010E 2011E 2012E 2013E
Gas Power Plant
Ca Mau 1 750 750 750 750 750 750
Ca Mau 2 750 750 750 750 750 750
Nhon Trach 1 450 450 450 450 450
Nhon Trach 2 750 750 750
Dakdrinh Coal Power Plant
Vung Ang 1,200 1,200
Hydro Power Plant
Hua Na 180 180
Dakdrinh 125
Total 1,500 1,950 1,950 2,700 4,080 4,205
• Current market share of ~12% with the target to
reach 30-35% by 2015
• 4 more coal-fired power plants to come on stream
Nhon Trach 2 post 2013
Nhon Trach 1
− Thai Binh 2 (1,200 MW) − Quang Trach 1 (1,200 MW)
− Long Phu 1 (1,200 MW) − Song Hau 1 (1,200 MW)
Song Hau Ho Chi Minh
Ca Mau 1
Long Phu Existing Power Plant
Planned Power Plant
Ca Mau 2
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18. Services Overview – Oil & Gas Services
Drilling Technical Services
PetroVietnam provides drilling services through PV Drilling and PetroVietnam provides a full range of petroleum technical services
Vietsovpetro (VSP) through various entities, including:
PV Drilling operates 3 rigs – Mechanical and construction, installation and platform (PTSC,
– PV Drilling I and II are operated with >99% utilization ratio and 1 VSP)
jack-up rig just came into operation in 2009 – Supply base services (PTSC, VSP)
– 1 new semi-submersible is expected from 2010 to 2012 – Supply boats (PTSC, VSP, PetroVietnam parent company)
PV Drilling’s 2008A net sales of US$229MM and net profit of PTSC’s 2008A net sales of US$532MM and net profit of
US$57MM US$33MM
VSP also operates 3 rigs
Transportation Others
PetroVietnam Transportation Corporation (PV Transportation) PV Engineering
provides transportation services for crude oil, gas, refined products – Provides consultancy and engineering design services for major
and chemicals projects, including feasibility studies, process evaluation as well
as construction, installation, survey and inspection services
– Customers include PetroVietnam, Shell, Exxon Mobil, BP, LG,
Petrosetco
Caltex, Petronas, Chevron and Woodside
– Provides catering and accommodation services to large
Fleet consists of 12 oil tankers, 3 Gas / LPG / chemicals carriers petroleum companies in Vietnam such as VSP, BP Pipeline and
with total capacity of 7,100 cubic meters and 18 supply boats Ballashamp
PV Transportation's 2008A net sales of US$68MM and net profit of PV Construction
US$5MM – Provides design, construction and installation services in
petroleum industry, conducts industrial and civil constructions
projects, and invests in real estate including office and
residential buildings
DMC
– Supplies drilling mud for drilling activities
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19. Services Overview – Financial Services
Banking Services Insurance Services
PetroVietnam Finance Company (PVFC) is the primary finance Founded in 1996, PetroVietnam Insurance Company (PVI) is a
arm for PetroVietnam and its subsidiaries, engaging in lending and joint stock company providing insurance services for major
deposit taking activities, investment management, financial petroleum projects undertaken by PetroVietnam
advisory and real estate
− As of December 2008, operates 24 regional offices throughout
− Listed on the Ho Chi Minh Exchange in October 2007 Vietnam and has 1,098 employees
− As of March 2008, operates 9 branches and 15 agents − In 2008, net premium earned of US$51 MM and net profit of
− 2008A total assets of US$2.8Bn, net interest income of US$11 MM
US$36MM and net income of US$3MM Products offered include energy insurance, marine insurance,
PetroVietnam also holds a 20% stake in Ocean Bank, which health and personal accident insurance, property insurance,
provides commercial banking services to corporate and individual liability insurance, construction insurance, motor vehicle insurance
customers 23% market share in Vietnam insurance industry and dominant
market share in oil & gas insurance
Lending and Funding Mix Gross Premiums Written
PVFC (As of December 2008) US$ MM
= 27.5%
Total Loans & Advances: Total Funding: Growth 137
VND17 Tn (US$1,056 MM) VND26 Tn (US$1,597 Bn)
Grants, 108
trusted funds, Bonds
others 14%
19%
Deposits
1%
Borrowings
& entrusted
Economic org. funds
and individuals, 81% 85%
2007 2008
Source Company Financials Source Company Financials
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20. Section 6 Business Strategies
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21. Key Plans and Strategies
Increase reserves by 30-35 mm tons of oil equivalent (225-263
mmboe) per year to reach 6.1 – 6.3Bn boe by 2015
Increase production to 25-30 mm tons of oil equivalent (514-616
mboe/d) by 2015
Develop refining capacity to satisfy 35% of domestic demand by
2010 and 76% by 2015
Further develop the domestic gas market and invest in new gas
infrastructure
Oil & gas and financial services revenue to contribute 30% of
group gross revenue by 2015
Strengthen R&D capabilities and enhance the caliber of human
resources through training and development
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22. Section 7 Conclusion
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23. Conclusion
1
The Flagship Energy
Company of Vietnam
5 2
Growth through
Experienced
Vertical Integration and
Management Team
Scale
4 3
Sound Financial
Performance and Strong Macro / Market
Prudent Financial Fundamentals
Management
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