Japan supports Petrolimex to produce fuel dispensers
Japan’s Tasuno company will extend the agreement on technical cooperation and technology transfer signed with the Vietnam National Petroleum Group (Petrolimex) in August 1999, said Petrolimex.
The Petrolimex Equipment Joint Stock Company (PECO) is assigned to receive the transfer, while Japan’s Nomura Trading Company will import equipment for Petrolimex and assemble a series of semi-knocked down dispensers designed by Tatsuno.
Tatsuno Chairman Hiromichi Tatsuno expressed his desire to continue long-term cooperation with Petrolimex and PECO for the modernisation of petrol stations.
Petrolimex is the largest petrol retailer in Vietnam, accounting for 50% of the market share with over 2,300 stations nationwide and more than 4,000 petrol dealers.