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 - Travelling towards sustainability: exploring the economics of e-fuels
In this special episode, a panel of experts from Johnson Matthey, A.P. Moller - Maersk, Honeywell, HIF Global and the Methanol Institute provide a clear analysis of the factors influencing e-fuel pricing, the economic challenges, and strategies for cost reduction.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
