The Viet Nam National Petroleum Group (Petrolimex) is accelerating
negotiations with its strategic Japanese investor, JX Nippon Oil and
Energy, to sell 15-25 per cent of its stakes through a share issue to
raise charter capital.
JX Nippon Oil and Energy Viet Nam yesterday inaugurated the operation of
a lubricant factory in the petrochemical area in northern Hai Phong
City''s Dinh Vu Industrial Zone (IZ).
