Liquefied Natural Gas (LNG) is a gas of clean industry which is commonly used by many countries in the world. According to research, LNG produces significantly lowest emissions after burned, most of these wastes and emissions are clean wastes. Therefore, all countries are now considering LNG as an alternative energy resource now and in the future.

Petrolimex will continue to reinforce, strengthen cooperation relationships with experienced partners, strategic partners such as JXTG or other energy corporations around the world to conduct research on investment opportunities, exploitation, development of new energy products. Continue to implement all necessary procedures to coordinate with EVN to speed up progress of LNG projects in My Giang, Khanh Hoa.

At COP26 taken place in November 2011, Glasgow, Scotland, UK, the Prime Minister Pham Minh Chinh affirmed: “Vietnam, with advantages of renewable energy, will build and implement strong solutions on greenhouse emissions reduction by our own resources with cooperation and support from international community, especially from developing countries, in terms of finance and technology transfer, including mechanisms under “Paris Agreement” in order to achieve net-zero emissions “by 2050”. In order to achieve net-zero emissions, it requires to stop all coal and gas expansion activities. It is important to replace all fossil fuels as soon as possible, meet all energy requirements by renewable energy.

On 15th December 2018, Petrolimex has completely replaced RON92 by E5 gasoline, 15 days ahead of deadline set by the Government.

E5 gasoline is biofuel including mixture of traditional gasoline and bioethanol. When burned, E5 releases lower number of toxic emissions than RON95 distilled from fossil fuels. With higher amount of oxygen than mineral gasoline, combustion occurs more completely, it can help increase capacity and reduce fuel consumption.

Besides E5 and A92 gasoline trading in the market, bio-product line can increase its presence in Petrolimex’s distribution systems, including bio-ethanol and bio-diesel. Materials used in bioethanol and biodiesel production will absorb CO2 emitted from combustion. As a result, biofuels can improve quality of air by reducing number of pollutants from the atmosphere.

Following E5, E10, E85 and A92 gasoline, A95 gasoline will be developed in roadmap set up by the Government. However, challenges for producing ethanol are using large amount of energy, exhaustion of natural resource and its negative impacts on food price. Today, domestic production of E100 is still limited and its production cost is even higher than imported ethanol.

The sale of RON 95-V gasoline is in line with Decision No. 49/2011/QD-TTg dated 01st September 2011 of the Prime Minister (Decision 49), which provides the roadmap for application of level-5 exhaust emission standards to manufactured, assembled and imported brand-new cars and motorbikes as of 1st January 2022.

According to the latest draft of National Technical Regulation QCVN 1:2021/BKHCN, RON 95-V gasoline has technical requirements (regulating lower vehicle criteria emissions) much higher than RON 95-III gasoline that are present in the market. Specifically, quality indicators to environmental health and engine performance. Regulations on lower vehicle criteria emissions enable the engine’s internal combustion process to produce less harmful pollutants, and reduce exhaust emissions and dust harmful to environmental health, prolong lifespan of engines.

To prepare for sales of this high-grade product, since early 2021, Petrolimex has built a business plan from import to storage and transport to retail locations. As trading of 0.001S-V (DO-V) product implemented since early 2018, RON 95-V must comply with stringent regulations on quality control to ensure product quality from import to delivery to customers.

Since early 2018, Petrolimex has launched DO 0.001S Euro V standard in the market 15 days ahead of regulations of the Government. This is the highest quality diesel fuel in Vietnam market with quality standards many times higher than commonly used diesel fuel in Vietnam. Especially, indicators of cleanliness, content of toxic emissions released to environment decreased by 50 times compared to commonly used fuels.

Because the content of sulfur is controlled at very low level (10 ppm S), the number of SOx (can cause air pollution after combusted in diesel engine) released when using DO 0.001S-V is much lower than that of DO-II (500 ppm S), DO-III (350 ppm S) and DO-IV (50 ppm S).

Apart from SOx, use of DO 0.001S-V will make significant contributions to reduction of other emissions emitted from engines such as HC, NOx, PM.

Biodiesel is biodegradable of resources, nontoxic as vegetable oil and animal fat or even recycled oil and fat from restaurants. It is especially clean and renewable. Biodiesel fuel can be blended in many concentrations (e.g., B5 up to 5% biodiesel and 95% of standard diesel) and pure biodiesel (B100).

The lack of biodiesel distribution network due to limited output, especially pure bioidiesel, makes biodiesel products more expensive than conventional diesel. Moreover, biodiesel fuel contents about 10% less energy, this means that biodiesel powered vehicles require more energy than standard diesel powered vehicles. The biggest obstacle of deploying biodiesel fuels is unstable input material for production.

According to International Maritime Organization (IMO), from 01st January 2020, the Sulphur content of bunker fuels was reduced to 0.5% (Marpol Annex VI – Regulation 14).

In Vietnam, in compliance with Marpol, Ministry of Transportation has issued Circular No.09/2019/TT-BGTVT, standard 26/2018 dated 01st March 2019 on maritime pollution prevention system of ships which clearly specifies that all Vietnamese vessels must use maritime bunker fuels with sulfur content of less than 0.5% from 01st January 2020.

For environmental protection and climate change adaptation, from November 2019, Petrolimex has imported trial shipments with sulfur content of max 0.5%. From 01st January 2020, Petrolimex has officially supplied FO 180-0.5S and FO 380-0.5S (max sulfur content of 0.5%) to the local marine fuel market.

New and environmentally friendly energy resources will gradually replace non-renewable energy resources. Grasping this trend, Petrolimex will continue coordinating with the world’s richly experienced firms to conduct R&D to bring new, advanced products to customers aligning with world’s common development trend. By doing this will contribute to reduction of air pollution and development of a green economy in the future.

Based on fuel retail platform, Petrolimex will participate in energy infrastructure segment for electric vehicles. This includes battery charging and replacement stations. These stations need a development roadmap appropriate with level of EV use.