PETROVIETNAM – JAPAN ENERGY COOPERATION MARK

1️⃣ Sustainable strategic cooperation platform

Over the years, Petrovietnam has built extensive cooperative relationships with Japanese partners, playing an important role in:

* Ensuring national energy security
* Promoting the comprehensive strategic partnership between Vietnam and Japan
* ⚙️ Improve technology and management capacity in the oil and gas industry



2️⃣ Outstanding cooperation marks

Oil and gas exploration & exploitation

* Cooperation between PVEP and JVPC at Lot 15-2
* Typical mines: Rang Dong – Phuong Dong
* Applying Japanese technology helps:
* Increase oil recovery coefficient
* ⚡ Optimize exploitation costs

Refining and petrochemical industry

* Participate in key projects: Nghi Son Refinery and Petrochemical Plant
* Contribute:
* ️ Stabilize petroleum supply
* Reduce import dependence

Cooperation in finance - technology - human resources

* Major partners:
*JOGMEC
*JBIC
* Mitsui & Co.
* ENEOS
* Support:
* Project finance
* Technology transfer
* Training high quality human resources



3️⃣ Future direction – Green energy & transformation

In the rapidly changing global context, Vietnam - Japan cooperation continues to expand into strategic areas:

* LNG (liquefied natural gas)
* Green Hydrogen & Ammonia
* ♻️ CCS/CCUS (carbon capture & storage)
* Renewable energy & emission reduction

This is an important step to help Vietnam:

* Approaching Net Zero target
* Restructuring the energy industry towards sustainability and modernity



4️⃣ Goc in-depth look

The cooperation between Petrovietnam and Japan does not stop at individual projects but is taking shape:

* Integrated energy value chain
* Connecting regional & international markets
* ⚙️ Synchronized technology - finance - human resources ecosystem

Japan brings technology & capital
Vietnam provides market & resource potential

➡️ This is a typical "win-win" cooperation model in the Asian energy industry.



Conclusion

With a reliable foundation and strategic support, Petrovietnam is affirming its role:

* Pioneer in international energy integration
* Leading the green transition
* ⚡ Creating a modern energy ecosystem for Vietnam



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