PV Gas North changes name to PV Gas LPG

13:00 | 09/05/2020 Companies

(VEN) - The PetroVietnam Northern Gas Joint Stock Company (PV Gas North) held a recent extraordinary shareholders’ meeting to approve a name change to PetroVietnam LPG Trading Joint Stock Company (PV Gas LPG). The company has thus become the only unit of the Vietnam Oil and Gas Group (PVN) and the PetroVietnam Gas Joint Stock Corporation (PV Gas) to produce and trade in gas cylinders with the brand of PetroVietnam Gas throughout the country.

pv gas north changes name to pv gas lpg
Senior PVN and PV Gas officials attended a festive event to introduce the PetroVietnam Gas brand gas cylinders in Hanoi in 2019

With the new name, PV Gas LPG continues to undertake the task of trading in LPG products in the domestic market, with the system of warehouses, ports, terminals for extracting and charging LPG, and centers for repairing, painting and verifying gas cylinders.

As one of the leading brands in supplying LPG products in the Vietnamese market, PV Gas LPG now accounts for the largest market share in the northern region and 20 percent of market share in the southern region (from Quang Nam Province to Ca Mau Province). The company’s products have won consumer trust during the past two decades. Thanks to its own growth and large assistance of PV Gas, the company ensures stable supply for the market, with the system of storages (Dung Quat LPG, Go Dau LPG and Thi Vai LPG), LPG filling stations, general agents and stores nationwide.

The company’s products include 6kg, 12kg, 20kg, and 45kg gas cylinders using JIS G3116 SG255/SG295 steel originated from Japan and the Republic of Korea. In addition, gas cylinders made by the company are of international standards, which ensure absolute safety.

pv gas north changes name to pv gas lpg

PV Gas LPG gas cylinders

pv gas north changes name to pv gas lpg
Introducing the features to consumers

Consumers can identify the company’s products through colors of gas cylinders, including pink, gray, dark blue, light blue and red, with PetroVietnam’s logo designed with combination of two main colors - blue background and a red flame symbol.

In addition to trading in gas cylinders, PV Gas LPG has also installed the gas system for HoReCa, as it is known - short for “Hotels, Restaurants/Cafes”, and kitchens in businesses and factories. With stable sources of raw materials, PV Gas LPG is ready to meet the increasing and diversified demand of customers in a prompt and timely manner.

To improve business performance, PV Gas LPG will continue to apply advanced technologies in administration and operation, with special attention to standardizing the process from production to distribution and consumption. In addition, the company will develop utility services to serve customer needs, such as making an app and implementing QR code payments on smart devices.

In the long term, PV Gas LPG will deploy programs and plans under the LPG retail market development strategy for the 2020-2025 period, with the goal of becoming a leading company in the southern region in particular and the whole country in general by 2030.

Kim Thanh