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Petrovietnam oil corporation ( PV OIL) has organized a Conference to summarize the business activities of the first 6 months

On morning 14th July 2016, PetroVietnam Oil Corporation (PV Oil) has organized a conference to summarize the business activities in the first 06 months and implement the tasks of the last 6 months of 2016.

Attending and directing the Conference was Deputy Mr. Tran Quang Dung, Member of the Standing Committee- Head of the department of Propaganda and training of PVN.



Mr Nguyen Hoang Tuan, Member of the Executive Committee of PVN, Secretary of party committee, chairman of  Board of director of PV OIL .

Mr Nguyen Huu Thanh, deputy secretary of the Party Standing Committee, member oF board of director of PV OIL.

Mr. Cao Hoai Duong, Deputy Secretary of Party Committee, Member of Board of Directors and President & CEO of PV OIL and the comrades in the Party Executive Committee of the Corporation, the Board members, the Board of Directors of the Corporation, Deputy Head of Board / Office of the President companies, Secretary of the expenditure / Party affiliated, Chairman of Management Board, Director of the member unit companies.



At the conference, representatives of the Party Committee of the Corporation Mr. Nguyen Huu Thanh, reported preliminary business activities of the Party Committee of PV OIL in the first 06 months and implement the tasks of the last 6 months of 2016.

Mr. Cao Hoai Duong, Deputy Secretary oF party committee – president of PVOIL has  reported reported preliminary business activities of  PV OIL in the first 06 months and implement the tasks of the last 6 months of 2016.

In the first months of 2016, the Corporation has faced many difficulties and great challenges. Especially crude oil maintains its low price, has a strong impact on business operations, revenue, profits, poses difficulties and challenges great for task performance, business plan targets in 2016 and development of  PV OIL.

In that situation, the leadership and administration of PV OIL has attempted to stick to the targets, political tasks and coordinate tasks handled efficiently and effectively implement the advisory work, management, operator, contributed significantly to the results of production and business operations.

In the first 06 months of 2016, PV OIL has implemented emergency measures to cope with the difficulties in order to fulfilled the business targets of the first 6 months. In particular, focus on exporting / sell safely and effectively all the crude oil / condensate, adequately supply of crude oil to Dung Quat oil refinery. Promotion of production of A92, E5, lubricants… according to market demand to ensure quality and efficiency; Focusing on implementing gasoline production processing projects, petroleum depots as scheduled.

In order to complete the task of the last 06 months and the whole year 2016, Mr. Cao Hoai Duong – President of PV OIL has emphasized the focus on production and business activities: Closely monitoring on market developments, flexibly source operating activities. Coordinate closely with BSR in implementing supply of crude oil, focus on improving the quality of services at the petro stations, warehouses.


 
Mr. Tran Quang Dung, Member of the Standing Committee- Head of the department of Propaganda and training of PVN, appreciated the achievements of PV OIL in the first 06 months of 2016, specially is completed the revenue targets and profit in the first 06 months despite facing many difficulties. On the behalf of PVN, Mr. Quang Dung encouraged the staffs of PV Oil in continuing  to promote the strengths, seize the market and attempt to complete the planned targets of 2016.




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