Wednesday, October 28, 2009

Vietnam's PV Oil expanding overseas, Cambodia first

27 Oct 2009
Alibaba News Channel

HANOI, Oct 28 - Petrovietnam's trading arm, PV Oil, has opened its first filling station in Cambodia as part of a project to expand its retail business overseas.
"This is the start of a chain of oil product distribution outlets overseas," PV Oil's subsidary, Petromekong, said in a statement seen on Wednesday.
Initially, the station will retail oil products imported by PV Oil from foreign refineries but eventually Petromekong would distribute products from Petrovietnam's refineries, an official from PV Oil in Ho Chi Minh City said.

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