Research and Development

Scientific and technological research for long term development strategy of the Corporation is consistently considered vital and foremost. In past years, Petrolimex reserved remarkable funding for investment in scientific and technological research so as to optimize existing resources, develop newly emerging potentials, contributing to raise its competitiveness and ensuring a stable development. Petrolimex also paid attention to the management of technology, the programming of investment policy, the modernization of business and production process, meeting national standards and complying with the system of international standards. Due attention is also paid to business forms and products. Therefore, many new forms of business such as the bonded terminal, real estates, financial-banking, security ...are taken. All above aims at building Petrolimex into a strong and dynamic national oil firm in the context of economic integration of the country in international economy in the 21^st century.