Vietnam: PV Oil to dispose 44% stake to strategic investors

Vietnam: PV Oil to dispose 44% stake to strategic investors

The Dung Quat Oil Refinery, a unit of PetroVietnam. PV Oil is the sole crude oil provider for the refinery.

PV Oil, a subsidiary of PetroVietnam and Vietnam’s crude oil monopoly, is seeking strategic partners to sell up to 44 per cent equity interest, as part of its planned offer to offload 49 per cent stake in the company via a listing in the near future.

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