Business

Petrolimex, Myanmar’s HTOO sign cooperation deal

The Vietnam National Petroleum Group (Petrolimex) and Myanmar’s HTOO Group of Companies have recently signed a deal in Hanoi, under which they will explore the possibility of doing business in Myanmar
Petrolimex, Myanmar’s HTOO sign cooperation deal ảnh 1A Petrolimex filling station (Source: VNA)
Hanoi (VNA) – The Vietnam National Petroleum Group(Petrolimex) and Myanmar’s HTOO Group of Companies have recently signed a dealin Hanoi, under which they will explore the possibility of jointly doingbusiness in Myanmar.

Petrolimex Chairman Bui Ngoc Bao hailed Myanmar as apromising oil and gas market and a golden land for investors in the region.

He expressed belief that the bilateral cooperation willthrive, especially in fields of Petrolimex’s strength such as oil and gas,petrochemicals, refinery, construction, and supply of oil and gas facilities.

In the near future, Petrolimex and its member companies willsend teams to Myanmar to study the market and local laws to outline specific businessplans.

HTOO General Director Pye Phyo Tay Za wished that the dealwould open up a new period for bilateral ties.

During the visit, the HTOO delegation visited severalPetrolimex units.-VNA

VNA
#Vietnam National Petroleum Group #Petrolimex #HTOO Group of Companies #oil and gas #deal #petrochemicals #bilateral ties Myanmar Vietnam
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