VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PETROVIETNAMPETROVIETNAM’’ss COOPERATIONCOOPERATION
ANDAND
PLAN FOR GROWTHPLAN FO...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
OUR VISION
Is to be a Leading Petroleum Group in the
Region - A Pride of Vietnam
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
OUR MISION
Is to contribute to ensuring national energy
security, develop and add...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
OUR OBJECTIVE
Is to contribute to the well being of the People
and the Nation
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
55
PETROVIETNAMPETROVIETNAM
CORE BUSINESSCORE BUSINESS
Oil and Gas Exploration, p...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
66
PETROVIETNAM OTHER FIELDSPETROVIETNAM OTHER FIELDS
Surveying, design, engineer...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PETROVIETNAM
E&P PORTFOLIO
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
DOMESTIC E&PDOMESTIC E&P
57 petroleum contracts in57 petroleum contracts in
effec...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
OUR COOPERATION IN VIETNAMOUR COOPERATION IN VIETNAM
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
SongHong
Nhóm bể
Hoàng sa
Nhóm bể Trường
Sa
PhuKhanh
Nam Côn Sơn
Cuu Long
M
alay-...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
OIL & GAS FIELDS,
DISCOVERIES
10
3
10
7
10
8
10
9
10
4
10
5
11
2
11
4
11
5
11
6
1...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
INTERNATIONAL PROJECTS
Petrovietnam has been impletmenting and achieved successfu...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
Petrovietnam Projects from 2010 – 2015: Upstream
• Keep sustainable annual reserv...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
EXPLORATION ACTIVITY OF VARIOUS PETROLEUM CONTRACTS
= Exploration Priorities
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
Oil under production
New oil discoveries
Gas under production
New gas discoveries...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
GAS
PETROVIETNAM has been carrying out a series of large scaled
and complex gas p...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PETROVIETNAMPETROVIETNAM’’S GAS VALUE CHAINS GAS VALUE CHAIN
Ca Mau & O Mon
Compl...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
CAMBODIA
Ca Mau
Complex
Vietnam –
Malaysia CAA
O Mon
Hiep
Phuoc
Dinh Co
GPP
Cuu L...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
VUNGTAU
National Road
51A
GoDau
MyXuan
PhuMy
Phu My Power
Phu My FertilizerPhu My...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
LPG MARKET SHARELPG MARKET SHARE
100% PIPED GAS IN VIETNAM
SUPPLIED BY PETROVIETN...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
POWER GENERATED BY FUEL USED IN 2008POWER GENERATED BY FUEL USED IN 2008POWER GEN...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
STRONG GROWTH IN VIETNAMSTRONG GROWTH IN VIETNAM’’S GAS DEMANDS GAS DEMAND
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
VIETNAMVIETNAM’’S LNG IMPORT PROJECTS LNG IMPORT PROJECT -- OBJECTIVESOBJECTIVES
...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
THE LNG IMPORT SCERARIOSTHE LNG IMPORT SCERARIOS
FSRU
Land Base Terminal Stable a...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
POWER
To date, PETROVIETNAM has undertaken construction of 10 power projects with...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
Projects on the Operation
Projects under Construction
Beside that, PETROVIETNAM
h...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
In 2009: Dung Quat Refinery- the first refinery in
Vietnam started its commercial...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
REFINERY, PETROCHEMICAL AND BIO FUEL
REFINERY – OPERATING PLANTS
DUNG QUAT OIL RE...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
REFINERY, PETROCHEMICAL AND BIO FUEL
REFINERY – PROJECTS UNDER CONSTRUCTION
NGHI ...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
REFINERY, PETROCHEMICAL AND BIO FUEL
PETROCHEMICAL - OPERATING PLANTS
DOP PLANT
L...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
REFINERY, PETROCHEMICAL AND BIO FUEL
BIO FUEL - PROJECTS UNDER CONSTRUCTION
PHU T...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
QUALITY, HEALTH, SAFETY AND ENVIRONMENT
POLICY OF PETROVIETNAM
PETROVIETNAM alway...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PLAN FOR GROWTH
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
OBJECTIVEOBJECTIVE
DualDual--Purpose DevelopmentPurpose Development
—— Sustainabl...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
TARGETTARGET
NEW RESERVENEW RESERVE
(million ton of oil equivalent)(million ton o...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
WAYS TO ACHIEVEWAYS TO ACHIEVE
Domestic:Domestic:
–– PromotePromote exploration i...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
WAYS TO ACHIEVEWAYS TO ACHIEVE
International:International:
–– ExpandExpand explo...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PETROVIETNAMPETROVIETNAM’’S PARTNERSHIPS PARTNERSHIP
One of our important strateg...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
CLOSING NOTESCLOSING NOTES
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PetrovietnamPetrovietnam has achieved sustainable growth, primarily inhas achieve...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PetrovietnamPetrovietnam’’ss Development Strategy in the futureDevelopment Strate...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PETROVIETNAM, with these development strategies, desirePETROVIETNAM, with these d...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
PETROVIETNAM’s policy is to strengthen
existing and establish new cooperation/all...
VIETNAM OIL AND GAS GROUP (PETROVIETNAM)
THANK YOUTHANK YOU
FOR YOUR ATTENTIONFOR YOUR ATTENTION !!
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Dr phung dinh thuc's presentation slides from the 2010 World National Oil Companies Congress

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Dr phung dinh thuc's presentation slides from the 2010 World National Oil Companies Congress that took place in June in London.

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Dr phung dinh thuc's presentation slides from the 2010 World National Oil Companies Congress

  1. 1. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PETROVIETNAMPETROVIETNAM’’ss COOPERATIONCOOPERATION ANDAND PLAN FOR GROWTHPLAN FOR GROWTH By Dr. Phùng Đình Thực President & CEO, PETROVIETNAM London, UK
  2. 2. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) OUR VISION Is to be a Leading Petroleum Group in the Region - A Pride of Vietnam
  3. 3. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) OUR MISION Is to contribute to ensuring national energy security, develop and add value to the Nation Resource
  4. 4. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) OUR OBJECTIVE Is to contribute to the well being of the People and the Nation
  5. 5. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) 55 PETROVIETNAMPETROVIETNAM CORE BUSINESSCORE BUSINESS Oil and Gas Exploration, production, refining, petrochemicals,Oil and Gas Exploration, production, refining, petrochemicals, storage, transportation;storage, transportation; Technical services in the petroleum field;Technical services in the petroleum field; Import and export of petroleum materials, equipment andImport and export of petroleum materials, equipment and products;products; Distributing oil and gas products and hydrocarbon materials;Distributing oil and gas products and hydrocarbon materials; OwnerOwner’’s and operation of power plants.s and operation of power plants.
  6. 6. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) 66 PETROVIETNAM OTHER FIELDSPETROVIETNAM OTHER FIELDS Surveying, design, engineering and construction;Surveying, design, engineering and construction; Consulting in construction and investment of both petroleum andConsulting in construction and investment of both petroleum and civil engineering projects, and manufacturing and trading incivil engineering projects, and manufacturing and trading in construction materials;construction materials; Real estate development and investment;Real estate development and investment; Finance, banking, insurance, and securities;Finance, banking, insurance, and securities; Manpower training and supply in the fields of petroleum andManpower training and supply in the fields of petroleum and labourlabour export;export; Hotel, travel and office management businesses;Hotel, travel and office management businesses; Other business fields as stipulated by Vietnamese law.Other business fields as stipulated by Vietnamese law.
  7. 7. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PETROVIETNAM E&P PORTFOLIO
  8. 8. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) DOMESTIC E&PDOMESTIC E&P 57 petroleum contracts in57 petroleum contracts in effect:effect: -- 42 exploration42 exploration --15 development/production15 development/production Cum oil production, MayCum oil production, May 2009:2009: 250 million tones250 million tones of crude oil andof crude oil and 5050 billion mbillion m33 of gasof gas Partnership with superPartnership with super majors, majors, NOC andmajors, majors, NOC and independent IOCindependent IOC
  9. 9. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) OUR COOPERATION IN VIETNAMOUR COOPERATION IN VIETNAM
  10. 10. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) SongHong Nhóm bể Hoàng sa Nhóm bể Trường Sa PhuKhanh Nam Côn Sơn Cuu Long M alay-ThoChu Tu Chinh-Vung May DISCOVERED Phu Khanh 0% Tu Chinh-Vung May 0% Cuu Long 1694.4 Tr.m3 59% Nam Con Son 429.5 Tr.m3 15% Malay-Tho Chu 407.3 Tr.m3 14% Sông Hong 359.6 Tr.m3 12%
  11. 11. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) OIL & GAS FIELDS, DISCOVERIES 10 3 10 7 10 8 10 9 10 4 10 5 11 2 11 4 11 5 11 6 118- 2 119- 2 11 7 118- 1 119- 1 CAM PU CHIA TRUNG QUỐC V I Ệ T N A M 12 0 12 1 12 3 12 4 12 5 12 6 12 7 12 8 12 9 13 0 13 1 13 2 13 3 13 4 13 5 WAB- 21 04- 2 0 3 04- 1 04- 315- 2 0 6 06- 1 0 7 0 8 15- 2 15- 115- 3 09- 2 16- 116- 2 09- 1 09- 3 1 0 11- 1 1 7 1 81 9 2 0 12(W ) 11- 2 12(E ) 1 31 4 2 1 2 2 2 32 4 2 5 2 6 2 7 2 9 2 8 3 0 31 3 2 3 3 3 4 3 53 6 37 3 8 3 940 4 1 4 2 4 3 4 4 4 5 52/9 7 48/95 (B) 15° N 10° N 105° E 110° E Ron g Bach Ho Lan DoLan Tay Dai Hung LÀO THÁI LAN N 10 2 10 6 20° N Tien Hai HANOI BASI N Hainan Isl. 05- 1A05- 3 Vietnam Claim (1988) Indonesia Claim Cambodia Claim(1972) Joint Historic Waters (1982 ) TP HO CHI MINH HÀ NỘI 0 10 0 K M 10 1 11 0 11 3 11 1 0 10 2 02/9 7 01/9 7 46/0 2 46 - Cai Nuoc 12 2 Block 06-1: LAN TÂY, LAN ĐỎ Block 15-2: RẠNG ĐÔNG, PHƯƠNG ĐÔNG Blocks 05-2&05-3: HẢI THẠCH, MỘC TINH Block 11-2: RỒNG ĐÔI, RỒNG ĐÔI TÂY Block 15-1: SƯ TỬ ĐEN, SƯ TỬ VÀNG, SƯ TỬ TRẮNG, SƯ TỬ NÂU Block 15-2/01: HẢI SƯ ĐEN, HẢI SỬ TRẮNG Block 09-1: BẠCH HỔ, RỒNG PM3-CAA/46-CÁI NƯỚC Blocks 46/02: SÔNG ĐỐC, NĂM CĂN, NGỌC HIỂN Blocks B, 48/95, 52/97: KIM LONG, ÁC QUỶ, CÁ VOI TIỀN HẢI C Block 05-1a: ĐẠI HÙNG Blocks 102&106: THÁI BÌNH Blocks 01&02/97: THĂNG LONG, ĐÔNG ĐÔ Block 01&02: RUBY, PEARL, TOPAZ, DIAMOND Block 12E&W: CHIM SÁO, DỪA Block 09-3: ĐỒI MỒI Block 16-1: TÊ GIÁC TRẮNG Block 09-2: CÁ NGỪ VÀNG Blocks 112&113: BÁO VÀNG Blocks 103&107: HỒNG LONG, BẠCH LONG Block 07-03: CA RONG DO
  12. 12. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) INTERNATIONAL PROJECTS Petrovietnam has been impletmenting and achieved successful outcomes in many overseas exploration and production activities. PETROVIETNAM has taken part in 23 Exploration and Production project all over the world so far.
  13. 13. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) Petrovietnam Projects from 2010 – 2015: Upstream • Keep sustainable annual reserve growth (25-30 millions tons oil equivalent/year), 40.000 km 2D, 30.000 km2 3D and drill 200 exploration-appraisal wells. • Supply sufficient gas into NCS#1 and NCS#2 pipelines in near future. • Expand exploration and speed up appraisal in order to develop gas clusters in northern Song Hong Basin. • Exploration Test for stratigraphic traps in Cuu Long Basin. • Sustain annual production of 30-35 millions tons oil equivalent • Start hydrocarbon system studies for onshore Pre-Tertiary Basins.
  14. 14. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) EXPLORATION ACTIVITY OF VARIOUS PETROLEUM CONTRACTS = Exploration Priorities
  15. 15. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) Oil under production New oil discoveries Gas under production New gas discoveries 0 5 10 15 20 25 30 35 0 5 10 15 20 25 30 35 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Oil and Gas production target until 2015 (tons of oil equivalent) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
  16. 16. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) GAS PETROVIETNAM has been carrying out a series of large scaled and complex gas projects so as to meet gas demand of not only electricity production but also chemicals, fertilizer, transportation, construction material, and for the public consumption. In the year of 2009, PETROVIETNAM provided 7,9 billion cubic meters of dry gas; 67 thousands tons of Condensate; and nearly 260 thousand tons of LPG for the domestic consumption.
  17. 17. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PETROVIETNAMPETROVIETNAM’’S GAS VALUE CHAINS GAS VALUE CHAIN Ca Mau & O Mon Complex Malay Tho Chu Basin LPG Terminal Dinh Co GPP Cuu Long Basin Nam Con Son Basin LPG CONDENSATE PIPELINE GAS - CNG Condensate Processing Plant Power Plants Fertilizer Plants Industrial Commercial LPG Distributor Industrial Commercial
  18. 18. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) CAMBODIA Ca Mau Complex Vietnam – Malaysia CAA O Mon Hiep Phuoc Dinh Co GPP Cuu Long Basin Nam Con Son Basin Ma Lay Tho Chu Basin Bach Ho –Phu My PL: •Capacity: 2 bcmpa •Length: 117 km •PL Diameter: 16” Nam Con Son PL: •Capacity: 7 bcmpa •Length: 400 km •PL Diameter: 26” PM3-Ca Mau PL: •Capacity: 2 bcmpa •Length: 330 km •PL Diameter: 18” Block B – O Mon PL: •Under Construction •Operation in 2014 •Capacity: 7 bcmy •Length: 400 km •PL Diameter: 28-30” Southeast-Southwest PL: •Capacity: 2 bcmpa •Under FS •Expected to operation in 2012 your life PETROVIETNAMPETROVIETNAM’’ S GAS OFFSHORE PIPE LINESS GAS OFFSHORE PIPE LINES Nam Con Son 2 PL: •Capacity: 7 bcmpa •Length: 330 km •Under FS
  19. 19. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) VUNGTAU National Road 51A GoDau MyXuan PhuMy Phu My Power Phu My FertilizerPhu MyGDC BARIA Dinh Co Gas Plant Nhon Trach Power Hiep Phuoc Power Nhon Trach Tan Thuan OngKeo Ba Ria Power PETROVIETANMPETROVIETANM’’S GAS ONSHORE PIPELINESS GAS ONSHORE PIPELINES
  20. 20. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) LPG MARKET SHARELPG MARKET SHARE 100% PIPED GAS IN VIETNAM SUPPLIED BY PETROVIETNAM 100% PIPED GAS IN VIETNAM SUPPLIED BY PETROVIETNAM THE DOMINANT ENTITY IN VIETNAM GAS MARKETTHE DOMINANT ENTITY IN VIETNAM GAS MARKET PVGAS supplied gas to generate 40% of ElectricityPVGAS supplied gas to generate 40% of Electricity output and 35% of Urea output of the nationoutput and 35% of Urea output of the nation
  21. 21. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) POWER GENERATED BY FUEL USED IN 2008POWER GENERATED BY FUEL USED IN 2008POWER GENERATED BY FUEL USED IN 2008 GAS TAKING A GROWING SHARE OF VIETNAMGAS TAKING A GROWING SHARE OF VIETNAM’’SS ENERGY MIXENERGY MIX • Natural gas is playing an in important role in Vietnam’s development • Gas is a key fuel to support power generation growth GAS SUPPLY FOR POWER GENERATIONGAS SUPPLY FOR POWER GENERATIONGAS SUPPLY FOR POWER GENERATION
  22. 22. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) STRONG GROWTH IN VIETNAMSTRONG GROWTH IN VIETNAM’’S GAS DEMANDS GAS DEMAND
  23. 23. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) VIETNAMVIETNAM’’S LNG IMPORT PROJECTS LNG IMPORT PROJECT -- OBJECTIVESOBJECTIVES Objectives of the LNG import project: •Enhance national energy security •Diversify the country’s fuel mix •Address the projected gas supply shortfall •Develop the gas market Potential gas supply shortfall: • Over 2 mmtpa in 2015 & about 5 mmtpa in 2020. Vietnam Gas Supply Demand BalanceVietnam Gas Supply Demand BalanceVietnam Gas Supply Demand Balance
  24. 24. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) THE LNG IMPORT SCERARIOSTHE LNG IMPORT SCERARIOS FSRU Land Base Terminal Stable and continuous operation Planned to start by 2015 for long term contract Import volume of 1 MMTPA & expanded to 3-6 MMTPA by 2020/2025 based on gas market development Allow quick delivery to meet domestic gas demand Planned to start by 2012 for Fast- track period. LNG import volume is up to 1 MMTPA
  25. 25. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) POWER To date, PETROVIETNAM has undertaken construction of 10 power projects with a total capacity of about 10 thousand MW. In addition to the Cau Mau Gas fired Power Plan No 1 and No2, Nhon Trach gas-fired Power Plan No 1 (the total capacity of the three plants is 1950 MW) has been completed and put into operation. PETROVIETNAM has also begun construction on the Vung Ang Coal Fired Power Plant No 1 and Hua Na Hydro Power Plant, and is preparing to build the Thai Binh Coal- Fired Power Plant No 2 and Long Phu Coal- Fired Power Plant No 1. In order to meet the demand for electricity and contribute to ensuring the energy security of the country, PETROVIETNAM is stepping up investment in the electricity sectors, becoming the second largest electricity producer in Vietnam, behind the Electricity of Vietnam Group (EVN)
  26. 26. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) Projects on the Operation Projects under Construction Beside that, PETROVIETNAM has participated in a number of hydro-carbon power plant including Hydro Carbon Nam Chien. các dự án phong điện. In the year of 2009, PETROVIETNAM did provide about 8.47 billion kWh for the country network of electricty. POWER
  27. 27. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) In 2009: Dung Quat Refinery- the first refinery in Vietnam started its commercial production since February, 2009 and contributing to increase the income and benefit of PETROVIETNAM. Oil and Gas processing activities, one of the core businesses which plays an important parts for the development of PETROVIETNAM, aim to raise the added value of crude oil and gas production, to save foreign currecy, to secure the national energy security, to contribute to the Nation’s industrialisation and modernisation, and to enhance the PETROVIETNAM’s competitiveness in the world also. REFINERY, PETROCHEMICAL AND BIO FUEL Besides the operating plans such as Dung Quat Refinery, DOP Plant, Phu My Fertiliser Plant, Condensate Processing Plant, PETROVIETNAM has been actively carrying out various projects of refinery, petrochemical and bio-fuel as well as studying the upgrading and expansion.
  28. 28. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) REFINERY, PETROCHEMICAL AND BIO FUEL REFINERY – OPERATING PLANTS DUNG QUAT OIL REFINERY The first oil refinery in Quang Ngai Province with the Capacity of 6.5 million tons of material crude oil per year, was commercially operated and produced first production in February 2009. CONDENSATE PROCESSING PLANT The Plant locates in Ba Ria Vung Tau Province with the Capacity of 130,000 tonnes of condensate per year, started operating in 2003. Its processing capacitty will be increased to 250,000 tons of condensate per year in the year 2011-2012.
  29. 29. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) REFINERY, PETROCHEMICAL AND BIO FUEL REFINERY – PROJECTS UNDER CONSTRUCTION NGHI SON REFINERY AND PETROCHEMICAL COMPLEX Location: Nghi Son Economic Zone, Thanh Hoa Province Capacity: 10 tonnes of crdue oil per year Expectied Operation: 2014-2015 REFINERY NO. 3 (LONG SON REFINERY) Location: Ba Ria- Vung Tau Capacity: 10 tonnes of crdue oil per year Expectied Operation: 2016-2020
  30. 30. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) REFINERY, PETROCHEMICAL AND BIO FUEL PETROCHEMICAL - OPERATING PLANTS DOP PLANT Location: Dong Nai Province Capacity: 30,000 tons of DOP per year Operation: since 1997 PHU MY FERTILISER Location: Ba Ria Vung Tau Province Capacity: 740,000 tons of Urea per year Operation: since 2004 PETROCHEMICAL - PROJECTS UNDER CONSTRUCTION DUNG QUAT POLYPROPYLENNE PLANT Location: Quang Ngai Province Capacity: 150,000 tons of Polypropylenne per year Expected Operation: 2010 CA MAU FERTILISER PLANT Location: Ca Mau Province Capacity: 800,000 tons of Urea per year Expected Operation: 2012 THE SOUTH PETROCHEMICAL COMPLEX Location: Ba Ria Vung Tau Province Capacity: 3 million of feedstock per year Expected Operation : 2014 DINH VU POLYESTER FIBRE PLANT Location: Hai Phong City Capacity: 170,000 tons of fibre product per year Expected Operation : 2011
  31. 31. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) REFINERY, PETROCHEMICAL AND BIO FUEL BIO FUEL - PROJECTS UNDER CONSTRUCTION PHU THO BIO-FUEL PLANT Location: Phu Tho Province Capacity: 100 million litres of ethanol product per year Expected Operation: 2011-2012 QUANG NGAI BIO-FUEL PLANT Location: Quang Ngai Province Capacity: 100 million litres of ethanol product per year Expected Operation: 2011-2012 BINH PHUOC BIO-FUEL PLANT Location: Binh Phuoc Province Capacity: 100 million litres of ethanol product per year Expected Operation: 2012
  32. 32. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) QUALITY, HEALTH, SAFETY AND ENVIRONMENT POLICY OF PETROVIETNAM PETROVIETNAM always pay much attention to management activites ensuring Quality, Safety, Health, Environment. Safety – Health – Environment (SHE) are the first responsibility and a component in production and business management.. PETROVIETNAM shall apply all appropriate measures to alleviate or mitigate risks to human life and health, or causing damage to assets or the environment.
  33. 33. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PLAN FOR GROWTH
  34. 34. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) OBJECTIVEOBJECTIVE DualDual--Purpose DevelopmentPurpose Development —— SustainablySustainably/profitably grow all along the petroleum/profitably grow all along the petroleum value chain, domestically and internationally;value chain, domestically and internationally; —— Ensure energy supply for national economicEnsure energy supply for national economic developmentdevelopment
  35. 35. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) TARGETTARGET NEW RESERVENEW RESERVE (million ton of oil equivalent)(million ton of oil equivalent) Period 2011Period 2011--20202020 –– DomesticDomestic 390390--470470 –– OverseasOverseas 150150--165165 TOTALTOTAL 540540--635635 PRODUCTIONPRODUCTION (million ton(million ton of oil equivalent perof oil equivalent per year)year) Period 2011Period 2011--20152015 Period 2016Period 2016--20202020 –– DomesticDomestic 2727--3939 3030--3333 –– OverseasOverseas 33--77 1010--1515 TOTALTOTAL 3030--4646 4040--5858
  36. 36. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) WAYS TO ACHIEVEWAYS TO ACHIEVE Domestic:Domestic: –– PromotePromote exploration inexploration in thethe continentialcontinential shelfshelf ofof Vietnam:Vietnam: •• PartneringPartnering withwith currentcurrent andand newnew playersplayers; or; or •• OperatingOperating withwith allall explorationexploration riskrisk.. –– MaintainMaintain//IncreaseIncrease production by:production by: •• OptimizeOptimize productionproduction fromfrom currentcurrent fieldsfields •• Put newPut new fieldsfields onstreamonstream soonestsoonest •• ApplyApply enhancedenhanced recoveryrecovery methodsmethods •• DevelopDevelop marginalmarginal fieldsfields,, gasgas withwith highhigh COCO22 contentcontent
  37. 37. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) WAYS TO ACHIEVEWAYS TO ACHIEVE International:International: –– ExpandExpand explorationexploration worldwideworldwide,, focusfocus onon RussianRussian,,,, SouthSouth AmericaAmerica,, NorthNorth/Central/Central AfricaAfrica,, SouthestSouthest AsiaAsia,, –– Put newPut new fieldsfields onstreamonstream.. –– AcquisitionAcquisition ofof producingproducing assetsassets
  38. 38. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PETROVIETNAMPETROVIETNAM’’S PARTNERSHIPS PARTNERSHIP One of our important strategic thinking is toOne of our important strategic thinking is to collaborate with strategic partners in Vietnam andcollaborate with strategic partners in Vietnam and world wideworld wide Many oil and gas cooperation agreements signedMany oil and gas cooperation agreements signed betweenbetween PetrovietnamPetrovietnam andand NOCsNOCs,, IOCsIOCs
  39. 39. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) CLOSING NOTESCLOSING NOTES
  40. 40. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PetrovietnamPetrovietnam has achieved sustainable growth, primarily inhas achieved sustainable growth, primarily in domestic oil and gas related businessdomestic oil and gas related business International expansion as effective way to grow and ensureInternational expansion as effective way to grow and ensure energy supply for national economic development.energy supply for national economic development. Improving performance through enhancing its effectiveness andImproving performance through enhancing its effectiveness and efficiency will leadefficiency will lead PetrovietnamPetrovietnam to become a competitiveto become a competitive organization, in the region in the immediate future and worldwidorganization, in the region in the immediate future and worldwidee in the longer runin the longer run PetrovietnamPetrovietnam values its human resource as the most valuable assetvalues its human resource as the most valuable asset of the group and as the key to future successof the group and as the key to future success One of our important strategic thinking is to collaborate withOne of our important strategic thinking is to collaborate with strategic partnersstrategic partners
  41. 41. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PetrovietnamPetrovietnam’’ss Development Strategy in the futureDevelopment Strategy in the future Promote Exploration and Production (Upstream) activities inPromote Exploration and Production (Upstream) activities in VietnameseVietnamese’’s continental shelf;s continental shelf; Develop refinery gas industry and petrochemical industry andDevelop refinery gas industry and petrochemical industry and power industry;power industry; Step by step expand petroleum activities overseasStep by step expand petroleum activities overseas
  42. 42. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PETROVIETNAM, with these development strategies, desirePETROVIETNAM, with these development strategies, desire and willing to cooperate with you, the National Oil Companiesand willing to cooperate with you, the National Oil Companies and International Oil Companies, for the development and forand International Oil Companies, for the development and for the sake of each parties and also contributing to the worldthe sake of each parties and also contributing to the world-- wide energy securitywide energy security
  43. 43. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) PETROVIETNAM’s policy is to strengthen existing and establish new cooperation/alliance with a view to create value for all parties
  44. 44. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) THANK YOUTHANK YOU FOR YOUR ATTENTIONFOR YOUR ATTENTION !!

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