HANOI, Oct 16: PETRONAS and Vietnam National Industry – Energy Group (Petrovietnam) have further strengthened their partnership with the signing of a Strategic Alliance Agreement (SAA), marking a new milestone in 35 years of collaboration and reaffirming their shared commitment to advancing energy security, sustainability and long-term value creation.
According to a media release, the agreement establishes a forward-looking framework for both organisations to leverage their respective strengths and pursue opportunities across the energy value chain, spanning upstream development, gas and liquefied natural gas (LNG), downstream opportunities, as well as low-carbon solutions.
The SAA was signed at Petrovietnam’s headquarters by PETRONAS president and group chief executive officer (CEO), Tan Sri Tengku Muhammad Taufik, and Petrovietnam president and CEO, Le Manh Cuong.
