Leaders of Petrolimex on a visit to Tatsuno-Yokohama in Japan in April. -- Photo Bnews

The Viet Nam National Petroleum Group (Petrolimex) and two Japan-based companies -- Tatsuno corporation and Nomura Trading Company -- will extend the agreement on technical cooperation and technology transfer signed between them in August 1999.

Accordingly, Tatsuno will continue to support Petrolimex Equipment Joint Stock Company (PECO) to manufacture and assemble new generation fuel dispensers with user-friendly multi-pumps.

Nomura Trading Company will import equipment for Petrolimex and assemble a series of Semi-Knocked Down dispensers designed by Tatsuno.

According to Petrolimex general director Tran Van Thinh, during a recent visit to Japan, Petrolimex had asked Tatsuno to continue supplying new equipment and technology for Petrolimex, such as steam recovery fuel dispensers and super lightweight oil guns.

Tatsuno chairman Hiromichi Tatsuno expressed his desire to continue long-term cooperation with Petrolimex and PECO for the modernisation of petrol stations.

Petrolimex is the largest petrol retailer in Viet Nam, accounting for 50 per cent of the market share with over 2,300 stations nationwide and more than 4,000 petrol dealers. — VNS