During 35 years of operation, the Petroleum Company Region II (Petrolimex Saigon) has constantly developed, gaining a firm position in the domestic market and looking towards regional and world markets.
One of Petrolimex Saigon’s storage facilities
Playing leading role in price stabilization
Petrolimex Saigon was established on Sept. 17, 1975 as a subsidiary of the Vietnam National Petroleum Corporation – the Ministry of Industry and Trade.After the liberation of the country, Petrolimex Saigon took over three oil companies including Shell, Esso and Caltex. Since then, the company has strengthened the organization and safely and effectively operated the systems and technical infrastructure of the petroleum supply network, successfully serving the national construction and defence.
In the national renewal process, Petrolimex Saigon is a leading unit in implementing policies and strategies to adapt quickly to the market economy mechanisms. The company constantly developed its market, becoming one of the country’s most trusted trademarks. The petroleum market is currently experiencing many fluctuations, affecting people’s lives and enterprises.
Petrolimex Saigon, under the leadership of State and the parent corporation and with efforts by all staff, effectively helped stabilize prices, and supplied petroleum to serve socio-economic development and ensure stability and security throughout the nation.The company has received millions litres of fuels from thousands of tankers and maintained a key role in stabilizing the domestic petroleum market.
In order to continue this leadership role and ensure the continuity of this essential energy source, Petrolimex Saigon invested over 100 billion VND each year in modernization of its technical infrastructure to develop the company into a strong and modern one, overcoming the obstacles and challenges faced in international integration.
Petrolimex Saigon is managing the Nha Be Petroleum General Warehouse, the largest fuel storage facility in Vietnam, with a capacity of 600,000 cu.m., covering an area of more than 196 hectares and stretching more than 3km along the Saigon River. In the coming years, the company plans to add about 150,000-200,000 cu.m to its storage, with an estimated capacity of receiving and exporting over 6 million cu.m a year, 10 times that of 1975.
With an output of receiving and exporting over 5 million cu.m a year at the Nha Be Petroleum General Warehouse, Petrolimex Saigon has an unrivalled distribution system of petroleum and petrochemical products for wholesale, export and retail sale, with nearly 70 stations located in almost every district. The volume of retail sales was over 450,000 cu.m., making up 40 percent of the city’s demands. Besides supplying petroleum for the region, Petrolimex Saigon took on the task of storing the national petroleum reserve and exporting petrol to Cambodia.
To improve service quality and ensure occupational health and safety for workers, as well as to protect the environment, Petrolimex Saigon has applied advanced standards in management to improve the capacity and skills of the company’s staff.
In particular, the company successfully applied the quality management system ISO 9001:2008, the management system of safety, occupational health OHSAS 18001:2007, and the environmental management system ISO 14001:2004. All certificates of quality management systems were recognized by the Bureau Veritas Certification of the UK - the world’s leading certification organization. Thanks to flexible, strict and effective operating solutions, Petrolimex Saigon’s profit has increased to over 150 billion VND a year and contributed over 350 billion VND to the State budget. In 2009, the company contributed 620 billion VND to the State budget.
Along with professional work, social affairs have been a tradition of Petrolimex Saigon over the past 35 years. The company’s staff engage in many charitable activities. They contribute part of their salaries to build houses for families of war martyrs, war invalid veterans and poor people, as well as to provide scholarships to disadvantaged pupils and build schools in isolated areas of Nha Be and Cu Chi districts and Kien Giang province. In addition, the company regularly contributes billions of VND a year to help victims of natural disasters and assist the company’s staff when they are experiencing difficulties.
With its outstanding achievements during the past 35 years, Petrolimex Saigon received many high distinctions from the Party and State. Especially, on the occasion of the 35th founding anniversary of the company (Sept. 17), the company was awarded the Independence Order, third class, from the State President./.
Lan Huong - Thuy Tien