Petrovietnam promotes cooperation in 188bet zokb field of renewable energy
On 26th October, in Hanoi, Petrovietnam Vice President Phan Tu Giang met and worked with 188bet zokb HSBC delegation.
Overview of 188bet zokb meeting
Attending 188bet zokb meeting on 188bet zokb side of HSBC were Mr. Justin Wu – Head of Climate Change Control in Asia Pacific; Mr. Sunil Veetil – Head of Sustainable Finance in Asia Pacific; Ms. Frances Chan – Head of Sustainability in Southeast Asia with representative leaders of HSBC Vietnam.
On 188bet zokb side of Petrovietnam, there were Mr. Phan Tu Giang – Vice President of 188bet zokb Group; and representative leaders of 188bet zokb Group’s Divisions/ Administration Office.
At 188bet zokb meeting, Vice President Phan Tu Giang gave preliminary information to 188bet zokb delegation from HSBC about Petrovietnam’s oil and gas exploration and production activities.
According to Mr. Phan Tu Giang, domestic and foreign onshore and offshore oil and gas exploration and production is Petrovietnam's core business to meet 188bet zokb country’s growing energy demand. In addition, Petrovietnam is also aiming for Net Zero emissions by 2050, emphasizing 188bet zokb role of LNG in 188bet zokb energy transition with 188bet zokb desire to promote 188bet zokb synchronous deployment of LNG use for power projects and gas/LNG value chains.
Net Zero is an opportunity and also a challenge for Petrovietnam and 188bet zokb Group is balancing between maintaining production and business activities and gradually realizing 188bet zokb goal of energy transition.
Mr. Justin Wu – Head of Climate Change Control in Asia Pacific acknowledged and highly appreciated Petrovietnam’s efforts in its energy transition strategy and development plan for electrification, LNG and renewable energy projects.
Mr. Justin Wu expressed his hope that in 188bet zokb coming time, there would be opportunities to cooperate and support Petrovietnam to promote and implement energy transition projects.
At 188bet zokb meeting, representative leaders of HSBC shared about coal power and renewable energy policies, as well as HSBC’s commitments on net zero emissions. HSBC also presented reports on transition trends and climate solutions in 188bet zokb market, and highlighted its role in accompanying customers in 188bet zokb energy transition.