Petrolimex’s 9-month business results report shows that its business performance reached 10,177,633 m3/t, which is 83% of plan and 108.1% of the same period.

Meanwhile, the domestic sales were 7,565,411 m3/t, which is 86.3% of the plan and 120.1% of the same period in 2021 (1,853 billion Dong in the same period).

In particular, to ensure the source of goods for the fourth quarter of 2022, Petrolimex has actively created a source for the domestic market, which is estimated at almost 3 million m3 / ton, which is about 140% of the minimum allocation according to the Ministry of Industry and Trade in document No. 6733 /BCT-TTTN of October 28, 2022.

Analyzing this sharp increase, Petrolimex said that in the third quarter and at the beginning of the fourth quarter of 2022, the world oil market in general and the domestic oil business in particular experienced many unusual fluctuations: world oil prices rise and fall with a wide range, costs and the exchange rate rose , resulting in some key dealers, distributors, social gas stations stopping or limiting sales…

In some places, the situation of people flocking to Petrolimex gas stations increased dramatically, which led to a dramatic increase in sales volume.

For example, in Ho Chi Minh City, on some October days, the volume of gasoline and oil for sale increased 2.4 times compared to before. In Hanoi, the volume of petrol and oil sold in the first days of November increased on average from 35% to almost 40% compared to October.

These factors have put a lot of pressure on the shoulders of major oil companies like Petrolimex. Petrolimex aims to maintain normal sales at 2,700 affiliated gas stations and power the franchised store system according to the pre-signed schedule and volume.

“To service this sudden increase in volume, Petrolimex had to work hard at all stages to get every liter of petroleum to consumers: from the generation well, through transportation from warehouses and ports, to the terminals, service stations, and finally retail to consumers. Each stage is drenched in sweat and shaped by the efforts of Petrolimex officials and employees,” shared a Petrolimex representative.

This also reaffirms the role of the leading state-owned company in the oil sector, which strictly follows the instructions of the government, ministries and branches of oil management and gives top priority to securing sources to meet demand. timely response to the economy and energy security.

In the coming period, Petrolimex will keep making efforts to implement many solutions synchronously to ensure supply, stabilize the market, control costs and achieve optimal results in production and business. In addition, Petrolimex would like the relevant authorities to find long-term solutions so that other companies can soon resume normal operations.