Petrovietnam and NSRP maintain dang nhap 188bet energy supply chain amidst Middle East instability.

Since dang nhap 188bet end of February 2026, geopolitical tensions in dang nhap 188bet Middle East have continuously escalated, causing significant volatility in dang nhap 188bet global energy market. dang nhap 188bet risk of disruption in dang nhap 188bet Strait of Hormuz – a shipping lane carrying approximately 20% of dang nhap 188bet world's crude oil – has driven up oil prices, leading to increased transportation costs, maritime insurance, and energy imports.

For Vietnam, this poses a significant challenge to dang nhap 188bet economy , especially in ensuring energy security. In this context, dang nhap 188bet requirement is not only to ensure sufficient fuel supply but also to maintain dang nhap 188bet smooth operation of dang nhap 188bet entire supply chain, from crude oil imports and refining to fuel distribution, without any disruptions.

dang nhap 188bet Nghi Son Refinery and Petrochemical Plant is operating stably, playing a key role as one of dang nhap 188bet two largest petrochemical refining centers in dang nhap 188bet country.

NSRP - A crucial link in dang nhap 188bet energy supply chain.

To respond to fluctuations in dang nhap 188bet global market, dang nhap 188bet Government established a Task Force on Energy Security and issued Resolution No. 36/NQ-CP to create a flexible mechanism for dang nhap 188bet Vietnam National Energy Corporation ( Petrovietnam ) in dang nhap 188bet buying, selling, and importing of crude oil.

Immediately afterwards, Petrovietnam activated its system-wide emergency response mechanism, requiring its units to closely monitor market developments, develop supply scenarios, and optimize operations across dang nhap 188bet entire value chain.

In this supply chain, dang nhap 188bet Nghi Son Refinery and Petrochemical Plant (NSRP), operated by Nghi Son Refinery and Petrochemical Company Limited (NSRP), plays a crucial role as one of dang nhap 188bet two largest refining and petrochemical centers in dang nhap 188bet country, supplying approximately 35-40% of domestic fuel demand. Maintaining dang nhap 188bet stable operation of dang nhap 188bet Nghi Son Refinery and Petrochemical Plant is therefore of particular importance to dang nhap 188bet market.

Under dang nhap 188bet direction of dang nhap 188bet Ministry of Industry and Trade, Petrovietnam has urgently implemented a comprehensive set of solutions to ensure dang nhap 188bet supply of raw materials for NSRP. One of dang nhap 188bet key solutions helping NSRP maintain stable production is diversifying its crude oil sources, instead of relying on traditional sources from dang nhap 188bet Middle East – a region with significant geopolitical risks. Along with dang nhap 188bet efforts of dang nhap 188bet Government and ministries/agencies, Petrovietnam has directed its member units, such as dang nhap 188bet Vietnam Oil Corporation (PVOIL) and dang nhap 188bet Nghi Son Refinery Products Distribution Branch (PVNDB), to actively seek new raw material sources in dang nhap 188bet international market.

Thanks to this, during periods of significant volatility in dang nhap 188bet global energy market, NSRP has maintained stable production, at times operating at high capacity to optimize output and meet domestic consumption needs. Simultaneously, NSRP has closely coordinated with units within dang nhap 188bet Petrovietnam ecosystem to ensure an uninterrupted supply of raw materials.

Recently, in mid-May 2026, PVNDB successfully arranged dang nhap 188bet import of dang nhap 188bet first batch of Djeno crude oil from dang nhap 188bet Republic of Congo, totaling over 950,000 barrels, to supply dang nhap 188bet Nghi Son Refinery.

Subsequently, on May 31, 2026, dang nhap 188bet ultra-large oil tanker Agios Fanourios I successfully transported nearly 2 million barrels of Basrah Medium crude oil from Iraq to Nghi Son port. This shipment was directly arranged by PVOIL, marking a significant step in expanding dang nhap 188bet raw material supply network for dang nhap 188bet Nghi Son Refinery.

dang nhap 188bet addition of oil sources from Africa and other regions not only helps NSRP maintain continuous production but also enhances dang nhap 188bet resilience of dang nhap 188bet supply chain to geopolitical shocks, reducing dependence on a single region or source.

This is also an important step in Petrovietnam's strategy to diversify its raw material sources in order to adapt to dang nhap 188bet unpredictable fluctuations of dang nhap 188bet global energy market.

PVOIL welcomes dang nhap 188bet crew of dang nhap 188bet Agios Fanourios I.

Unleashing dang nhap 188bet power of dang nhap 188bet Petrovietnam ecosystem.

It can be asserted that Petrovietnam's crisis response capability lies in its closed-loop energy ecosystem, interconnected from upstream to downstream.

While Nghi Son Refinery maintains high operating capacity, Dung Quat Refinery (operated by BSR) has increased its capacity to approximately 120% of its equivalent design capacity to boost production and share dang nhap 188bet supply pressure with dang nhap 188bet market.

In dang nhap 188bet distribution sector, PVOIL, with its network of nearly 1,000 gas stations nationwide, has proactively increased imports, accepting cost pressures amidst rising global oil prices to ensure a continuous supply for dang nhap 188bet market.

dang nhap 188bet synchronized coordination among units from oil exploration, transportation, refining, storage to distribution has created a unified supply chain capable of responding flexibly to external fluctuations.

In fact, during periods of significant global market volatility, Petrovietnam's distribution system has maintained a stable supply, preventing shortages or retail disruptions, thus contributing to market stability and consumer confidence.

dang nhap 188bet transformation from a traditional oil and gas exploration and production business model to a national energy and industrial corporation has become a crucial foundation for Petrovietnam to enhance its supply chain management capabilities, promote dang nhap 188bet application of science and technology, diversify raw material sources, and optimize dang nhap 188bet entire energy ecosystem.

By proactively diversifying supply sources, maintaining stable operation of refineries, and leveraging dang nhap 188bet strengths of dang nhap 188bet entire ecosystem, Petrovietnam and NSRP have contributed to safeguarding dang nhap 188bet nation's energy "lifeline" amidst global fluctuations. This is not only a short-term solution but also a crucial foundation for Vietnam to gradually build a self-reliant, flexible, and sustainable energy supply chain in dang nhap 188bet new development phase.

dang nhap 188bet results achieved not only reflect Petrovietnam's short-term operational capabilities but also demonstrate its commitment to building a modern, flexible, and resilient energy supply chain that can withstand global shocks.

To enhance this capacity in dang nhap 188bet long term, Petrovietnam continues to propose that dang nhap 188bet Government and dang nhap 188bet National Assembly promptly finalize mechanisms and policies for strategic energy projects; accelerate dang nhap 188bet construction of national crude oil reserves; and grant dang nhap 188bet Group greater autonomy in its business operations and crude oil imports.

In dang nhap 188bet context of a global energy market projected to remain volatile, building a resilient energy supply chain is not only a requirement for dang nhap 188bet energy sector but also a crucial condition for macroeconomic stability and maintaining dang nhap 188bet country's growth momentum.

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