PetroVietnam GAS Corporation JSC (PV Gas) raked in over VND6 trillion (over US$259 million) of post-tax profit in the first nine months of the year, exceeding the target set for the period by 27 per cent.
The firm predicts it will record more than VNĐ66 trillion (US$2.79 billion) in sales and VNĐ66.2 billion in profit after tax for 2020, down 13 per cent and 45 per cent respectively compared to last year.
PetroVietnam Gas Corporation (PV Gas) has announced its post-tax profit in the first quarter was up 16 per cent year on year to VND3.03 trillion (US$130.2 million).
On Thursday, PetroVietnam Gas Corporation (PV Gas), PetroVietnam Southern Gas Joint Stock Company (PV Gas South) and Japan Cooperation Centre Petroleum (JCCP) signed a co-operation agreement to develop a liquefied petroleum gas (LPG) distribution management system.
Viet Nam may have to import gas from 2020 to produce electricity for the country’s socio-economic development, according to the Ministry of Industry and Trade (MoIT).
Vietcombank and PetroVietnam Gas Corporation (PV GAS) signed a comprehensive strategic cooperation agreement in the central city of Quy Nhon earlier this week.
PetroVietnam Gas Corporation (PV Gas) are targeting VND55.7 trillion (US$2.47 billion) in its total revenue and VND6.43 trillion in pots-tax profit for 2018, heard the company’s annual shareholder meeting on Friday.
PetroVietnam Gas Corporation (PV Gas) may sell 30 per cent of its total shares to a strategic investor in 2020, the firm’s chairman, Le Nhu Linh, said on Monday.
On Friday, PetroVietnam Gas Corporation (PV Gas) and PetroVietnam Exploration Production Corporation (PVEP) inked an agreement in principle on cooperation in developing phase II of the Su Tu Trang (White Lion) gas field.
PetroVietnam Gas Corporation (PVGas) will buy more than 15 million
shares in natural gas dealer CNG Vietnam JSC (CNG), equal to 56 per cent
of the company''s capital.
The PetroVietnam Gas Corporation (PV GAS) will buy liquefied natural gas
from Russia''s Gazprom M&T for a warehouse project at Thi Vai Port
in the southern Ba Ria-Vung Tau Province.