The role of the corporation in the transportation of petroleum business by the market mechanism
11:51' AM
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Thứ năm, 17/11/2011 |
Doctorate. Bui Ngoc Bao
General Director of Vietnam National Petroleum Corporation (Petrolimex)
In 2009 a memorable year for Vietnam Petroleum industry, by date of 15/10/2010 The Government has issued Decree 84/2009/ND-CP. With
this decree, the first time the petroleum business is actually
operating under the market mechanism, the management of the State. This is considered a comprehensive change to qualitative change of the active fuel management business.
In
2010, is seen as an opportunity for the Petroleum industry because this
is the first year of Decree 84 really "come to life." There also is no less difficult, the pressure on key businesses. Because
the application of this mechanism requires an active and be very
flexible in dealing with capital markets fluctuating petroleum complex. The
role and experience of leading a business, the General Petroleum
Company has clearly defined roles and responsibilities in stabilizing
the domestic fuel market to stabilize the macro economy, ensuring social security and sustainable growth ...
In 2009, the market continues to complicated
In 2009, the world oil market developments continue to complex and unpredictable. World continue to face many difficulties and challenges from severe consequences of the financial crisis and economic recession.
 In
the period 2008-2009, demand for gasoline in the world have fallen more
than 2 million barrels / day, from 86 down to 84 million / day,
although in the last months of 2009, demand began to grow back back. Most
of the reduction concentrated in the developed OECD (of which one third
is from the U.S., 1 / 3 from Europe), the developing countries outside
the OECD such as China, India witnessed a slowdown temporary and then resume growth. In 2009, the U.S. accounted for 23%, Europe accounts for 18% of petroleum consumption worldwide.
World
oil prices in the forecast, new ground was repeated at a price of WTI
crude oil per year is $ 61.8 / barrel (in 2008 was approximately 100 USD
/ barrel), the price of petroleum products complex
movements with large amplitude is virtually repeated in 2008, when
comparing the average price in December to January's three main products
(gasoline 92 - 0.05 S diesel - madut) in 2009 increased corresponding to 61% - 36% - 83% in 2008 down 61% - 43% - 52%.
 For
the petroleum business enterprises in the country is not out of the
vortex of the crisis when faced with falling consumption, product price
volatility rather complex amplitude is not worse than in 2008 ;
ensure the currency situation for gasoline imports is difficult, with a
high difference between the market rate and the interbank exchange rate
actually affect the ability to raise foreign currency Commercial
banks, not enough supplies, forced to stretch to buy with the loan
contract can be risky due to exchange rate fluctuations.
Mechanism
of petroleum business was transferred to operate under the market
mechanism is the management of the State is a significant step forward
in the petroleum business. However,
in the early stages, the information that is incomplete on social
issues, which are sensitive to both management agencies and enterprises
subject to heavy pressure from public opinion.
In
2009, with the determination of the Government and ministries continued
persistence of petroleum business operating under the market mechanism
is the management of the State, has created a business corridor to the
next clue years
with the mechanism of loss and conditions make significant step forward
in its work, which is responsible for the results of petroleum
business.
Petrolimex Group aims to model the dynamic
Given
the above , with the autonomy, flexibility, sense of responsibility and
effort, the General Petroleum Co. Vietnam has confirmed the role of key
rise from the first year of transformation processing, results in various fields, namely
First,
the Petroleum Corporation of Vietnam (Petrolimex) in its role as a
State Corporation, under the direction of the Government and the State
management agencies, are able to fulfill its role as the key, do effective
tool for the State to stabilize oil markets at all times to ensure
sufficient fuel continuously in difficult conditions, to meet domestic
needs, the needs of the household production major
domestic and mountainous provinces, regions and remote areas; execution
and taken seriously, the result of direct measures of the Government.
Second ,
the corporation has completed a comprehensive plan targets on
production, revenue, profits, investment and development, ensuring
employment and income stability for more than 25,000 employees in the
branch at consistent
with the premises of social budget nearly 29 trillion, up more than 10
trillion over the previous year, this figure confirms the results of
operations of petroleum under the market mechanism .
Petrolimex has also contributed effectively to the social welfare and charity programs under the Government's objectives. Many
affiliates took advantage of good business opportunities, has reached
the highest profit in the next few years and continue to emerge into a
strong brand in many important sectors such as petrochemicals market, Gas, Shipping, Insurance, Banking ...
Third ,
corporation has participated, actively contribute to the agency
management solutions organization, administration and improve market
legislation in the field of petroleum business.
Fourth ,
the strive of the corporation during its operation has been confirmed
and recorded by the decision of the Prime Minister approved the
equitization and restructuring Company In field model Petroleum
Corporation multiple ownership. We
can say, this is an important milestone marking the transition to
large, paved the way for the development of strong Company In field in
the next stage.
Forecast in 2010 and measures to stabilize fuel prices
In 2010, the world economy have seen the bottom of the crisis. With
real economic growth shows signs of optimism in the last months in 2009
and the determination of the entire Party and people, the Government
has developed indicators of socio-economic development in 2010 with GDP
growth from 6.5% - 7%.
From
the economic growth rate forecast by agencies, the Ministry of Industry
and Commerce has officially assigned to the General Plan in 2010
Vietnam National Petroleum Company to increase production and sales of
over 5%, higher pre-tax profit than in 2009. Here
are some criteria to be modest compared with an increase of the Company
In field has been achieved over the years, but also a challenge for
non-small goals to achieve good results with a domestic market
competition paralysis and the situation the world oil market is complicated.
In
2010 was the first year of trading in petroleum application of Decree
84-CP of the Government, the initiative of enterprises to create growth
opportunities for the petroleum business enterprises. For
the first year of Decree 84 should apply in the process of business
transformation mechanism will also face the complicated development of
the market, requires the State management agencies, enterprises and
special consumers
to adapt to the fluctuations increase, discounts by market rules,
consistently implemented to ensure the effective implementation of this
Decree.
The
role and experience of leading a business, large market share, the
proposed corporation, the Government propose to switch mechanisms on
petrol, oil, contribute to the same state agency construction management
, issued Decree 84, which is the next milestone on the nature of change management activities on petrol and oil. Decree
84/2009/ND-CP dated 15/10/2009 of the Government on official business
petrol effective from 15.12.2009; under which the petrol and oil are
operating under the new enterprises
may decide the retail price when the price of gasoline, oil products
world market fluctuations, is fundamental to the operation of traders in
oil prices in the market mechanism, the management of the state.
Petroleum
Corporation of Vietnam, under the direction of the Government and the
State management agencies, are clearly defined roles and
responsibilities in stabilizing the domestic petroleum market, execution
and seriously,
the result of direct measures of the Government on a stable macro
economy, ensuring social security and sustainable growth.
To
further ensure the stability of the domestic petroleum market and the
effective implementation of Government Decree 84/2009/ND-CP, the General
Petroleum Co. Vietnam has been implementing a number of solutions the following:
One
is, to maximize spiritual source from Dung Quat oil refinery, continue
to sign long term contracts and exploiting new import sources, using
effective means of ocean being invested increased
in 2009 to balance the import quotas in 2010 the Ministry of Industry
and Trade Affairs, to ensure sufficient domestic demand for the role of a
major enterprise. The issue is important to change the fundamental way from Dung Quat provides clues to the initiative.
Second ,
actively and persistently operate gasoline prices in the market
mechanism to ensure: Sufficient supply - Contribute to State Budget and
Enterprise have accumulated, to ensure harmoniously State three benefits
- Business and consumers in the spirit of Decree 84 of the Government.
Third ,
continued investment, acquisition, system upgrade retail to enhance the
distribution system, improve sales and commercial civilization
Petrolimex system in all local nationwide
with particular emphasis on areas where low market share Company In
field, in areas with too many selling points taken from various sources /
or market where vacancies are likely to occur speculation, hoarding
goods, raising price; reaffirm the key role of the corporation in the market stability in areas critical to the State's request.
Fourth ,
conditional use for distributed systems based on middleware technology
review to select the eligible subjects and reputation in the business to
use as a general agent / agents carry badges of
the corporation; the agents in the area of remote network that is not
covered directly by the corporation to, Company In field will have
appropriate policies to jointly develop, actually become the leading
distributor of Petrolimex in these localities.
Fifth ,
accelerate the construction of key projects to soon put to use, promote
efficiency and increase of capital goods stocks under new regulations
(30 days), contribute to stabilize the oil market in all circumstances.
Sixth ,
deploying synchronous fuel card program on the system stores and
reputable agents to increase the production of higher retail natural
growth, a positive response to non-payment policy cash
by the Government on the other, forming new habits towards
civilization, bringing many benefits to consumers when buying goods and
services in the corporation system.
Journal of Market Prices (Tiger Spring Special) Số lượt xem:
36
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