JXTG and PETROLIMEX sign MoU on refinery project
Published by Anna Nicklin,
Assistant Editor
Hydrocarbon Engineering,
JXTG Nippon Oil and Energy Corp. (JXTG) has signed a memorandum of understanding (MoU) with Vietnam National Petroleum Group (PETROLIMEX) to carry out a feasibility study on a cooperative project utilising its Marifu Refinery in Japan.
As strategic partners, JXTG and PETROLIMEX have been conducting a joint study on multiple collaborative projects. This project will secure supply sources and outlets for petroleum products in the future international petroleum market, and thus it will be a significant step for both companies. They aim to complete the joint study by April 2019.
JXTG will continue to pursue a closer cooperative relationship with PETROLIMEX to develop new collaborative business opportunities.
Read the article online at: https://www.hydrocarbonengineering.com/refining/05042018/jxtg-and-petrolimex-sign-mou-on-refinery-project/
You might also like
The Hydrocarbon Engineering Podcast - Overcoming downstream challenges with new technology
In this episode of the Hydrocarbon Engineering Podcast, Omar Sayeed, Centre of Excellence Leader for Reliability, and Rahul Negi, Director of AI and Industrial Autonomous, Honeywell Process Solutions, consider how new, innovative technology can help to overcome some of the challenges facing the downstream oil and gas sector.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
