ty le ca cuoc 188bet Petrovietnam Enhances Economic and Trade Cooperation with US Partners
During an official visit to ty le ca cuoc 188bet United States, Vietnam's Minister of Industry and Trade, Nguyen Hong Dien, led a working delegation—including representatives from Petrovietnam Group and its subsidiaries—to engage with ty le ca cuoc 188bet US Trade Representative (USTR), ty le ca cuoc 188bet Department of Energy (DOE), and other relevant agencies. As part of this trip, Petrovietnam and its member units signed several economic and trade cooperation agreements with US partners.

Minister of Industry and Trade Nguyen Hong Dien, Deputy General Director of Petrovietnam Le Xuan Huyen, General Director of PV GAS Pham Van Phong, and representatives of ty le ca cuoc 188bet involved parties witnessed ty le ca cuoc 188bet signing ceremony between Excelerate Energy and PV GAS.
Specifically, Vietnam Gas Corporation - JSC (PV GAS) engaged in working sessions with ConocoPhillips and Excelerate Energy, two strategic partners in ty le ca cuoc 188bet liquefied natural gas (LNG) sector. Discussions focused on expanding long-term LNG supply to support ty le ca cuoc 188bet implementation of Vietnam's Power Development Plan VIII.
ty le ca cuoc 188bet parties agreed on cooperation principles to ensure a stable LNG supply to meet ty le ca cuoc 188bet increasing domestic electricity demand, given ty le ca cuoc 188bet decline in domestic gas sources. Accordingly, PV GAS signed Memoranda of Understanding (MOUs) with ConocoPhillips and signed a separate memorandum of understanding with Excelerate Energy regarding several long-term LNG purchase agreements.

PV GAS executives exchanged signed documents with representatives from ConocoPhillips.
For PV GAS, these LNG import agreements from ty le ca cuoc 188bet US will contribute to ty le ca cuoc 188bet national LNG import plan, projected to reach 9 million tons per year by 2030 and 15 million tons per year by 2035, with an estimated value of $7.2 billion annually under Power Development Plan VIII.

Tran Thai Bao, Deputy General Director of BSR, and representatives from Kellogg Brown & Root (KBR) signed a contract for consulting services on a pre-feasibility study for sustainable aviation fuel (SAF).
Additionally, Binh Son Refining and Petrochemical Company (BSR) signed a consulting contract with Kellogg Brown & Root (KBR) for a pre-feasibility study on sustainable aviation fuel (SAF). This agreement marks a strategic step, enabling BSR to access advanced technologies and technical solutions for energy transition and carbon emission reduction. At ty le ca cuoc 188bet same time, it provides an opportunity for BSR to expand investment in new energy and sustainable fuel projects, contributing significantly to ty le ca cuoc 188bet energy transition roadmap and carbon emission reduction, thereby promoting energy transformation in Vietnam and globally.

PV Power and GE Vernova signed a Memorandum of Understanding (MOU) on ty le ca cuoc 188bet procurement of GE equipment and services for gas-fired power plants developed by PV Power.
Furthermore, Vietnam Oil and Gas Power Corporation (PV Power) and GE Vernova signed an MOU for ty le ca cuoc 188bet procurement of GE equipment and services for gas-fired power plants developed by PV Power. This MOU reaffirms both companies' commitment to developing sustainable and advanced solutions for ty le ca cuoc 188bet power and oil and gas industries. It will help PV Power seize new opportunities in ty le ca cuoc 188bet context of globalization and energy transformation, strengthening its position in ty le ca cuoc 188bet digital technology and sustainable energy race.
In total, ty le ca cuoc 188bet economic and trade agreements signed between Vietnamese and US businesses are projected to be implemented from 2025, with an estimated total value of approximately $90.3 billion, creating hundreds of thousands of jobs in both countries.
ty le ca cuoc 188bet signing of these agreements and memoranda of understanding represents a concrete step in promoting economic, trade, and investment cooperation between ty le ca cuoc 188bet two nations in a substantive, in-depth, and effective manner. At ty le ca cuoc 188bet same time, it contributes to achieving a balanced, harmonious, and sustainable trade relationship.