On the afternoon of January 10, 2023, Prime Minister Pham Minh Chinh attended a conference to review the work of the National Oil and Gas Group of Vietnam (PVN) in 2022 and implement tasks in 2023.

A YEAR OF RECORDS!

Prime Minister Pham Minh Chinh spoke at the conference on behalf of the leaders of the party, state and government, recognizing the achievements and contributions of the PVN in 2022 to the achievements and collective achievements of the whole country, particularly in maintaining macroeconomic stability, controlling the inflation, promoting growth and ensuring greater balances.

In 2022, related to difficulties and “double” challenges, both internally and externally, the group has been doing more and more heavy and frequent tasks well, while actively solving the backlogs, extending them and responding to unexpected and unexpected problems such as local gasoline shortages.

The Prime Minister highlighted a number of records achieved by the group in 2022. That’s record crude oil production of 8.98 million tons, exceeding 28% of the annual plan; Record production and export of nitrogenous fertilizers with 1.88 million tons (over 17% of the plan), export of 606,000 tons with high value, contribution of 37.4% to the fertilizer export value of US$1.08 billion, turning our country from an importer to a high-value fertilizer exporter; Record petroleum production, including Nghi Son and Dung Quat refineries and petrochemicals, which supply about 75% of domestic petroleum demand.

The group also generated a record total revenue of VND931.2 trillion (equivalent to nearly US$40 billion) over the past 61 years, confirming its role as a leading state-owned business group of scale and influence. Recorded consolidated pre-tax profit of over VND82 trillion (nearly US$3.5 billion); Record payments to the state budget of VND 170.6 trillion (more than USD 7.2 billion), which is about 9.6% of the total state budget revenue.

Another record is that the group has 3 works awarded Ho Chi Minh Prize, 3 works awarded State Science and Technology Prize; 7 works received VIFOTEC awards. The brand value rose, the trust of the party, state and people in the group was consolidated and strengthened.

In addition, in 2022, the group drastically and effectively completed backlogged projects and works. At the same time, the government has been proactively reporting to the authorities to promptly resolve difficulties in mechanisms and policies, in particular, the government has submitted the Petroleum Law to the National Assembly for approval in 2022.

FOCUS ON THE EFFICIENT IMPLEMENTATION OF BIG GOALS IN 2023

Commenting on 2023, the PM said the challenges outweigh the opportunities and benefits when strategic competition is fierce, global inflation, energy security, food security and the energy market are threatened. The price of crude oil and petroleum products is still volatile, the trend of global energy transition, climate change is abnormal… These issues will have many impacts on the Group’s production and operations and development.

However, the group has become more mature, has more experience and courage after 61 years of establishment and development, the Prime Minister suggested that the group promote its tradition, solidarity, efforts and determination to overcome all difficulties, overcome shortcomings and shortcomings, itself strives to exceed production and business targets in 2023.

The prime minister acknowledged the group’s 2023 motto “to manage volatility, expand scale, accelerate digital transformation, shift models, improve productivity and innovate business,” while suggesting that the entire oil and gas industry will effectively focus on it implementation of the main objectives.

firstso as not to have a shortage of energy for the development and safe and stable operation with high capacity and efficiency of oil and gas projects, factories and plants, and to make a significant contribution to ensuring national energy security, the country’s needs for petroleum, electricity and fertilizers to cover.

Monday, successfully achieve the production and business targets in 2023, strive to meet or exceed the results achieved in 2022.

Tuesday, must promote development investment throughout the group, and aim in 2023 to resolutely launch key projects, conduct research and propose new projects to capitalize on the strengths of the group.

Wednesday, supplement and complete the building of institutions, mechanisms, policies, energy development strategies, strategies and plans for the development of the oil and gas industry in line with new trends, while developing scenarios and solutions for the development of the oil and gas industry measures to deal with unexpected and unexpected problems; Research new energy projects, offshore wind power…

Thursday, closely coordinate with the Ministry of National Defense, the Ministry of Public Security and relevant authorities in the implementation of the plan to ensure national defense, security and economic security for oil and gas activities, while steadfastly upholding the principle of independence , sovereignty and territorial integrity, but react flexibly and appropriately to the situation.

Strengthen the spirit of courage to think, dare to be a mother

According to Prime Minister Pham Minh Chinh, in order to achieve the above goals, PVN must continue to thoroughly grasp, strictly and effectively carry out the tasks according to the resolutions and conclusions of the Party, National Assembly, Government and Prime Minister, the implementation of socio-economic development tasks in 2023 ; The specific tasks assigned must be specified in the plan for the group and the individual units for implementation, control and monitoring.

“The group continues to unite, inspire the spirit of courage to think and dare to do, with aspiration to build and develop Vietnam National Oil and Gas Group as a core entity of the oil and gas industry with strong financial potential. Science and technology , highly competitive domestically and internationally, and making important contributions to the process of national construction, development and defense,” suggested the Prime Minister, stressing that the group focuses on digital transformation, energy transition, circular economy development, the model change and the increase of manpower needs to focus productivity; Business revival…

The Prime Minister called on the Group to continue to closely monitor and effectively implement the work of building the party, building the apparatus and constantly improving the quality of corporate governance; have transparent, adequate and optimal financial solutions; good investment management, regaining progress on key projects, addressing deficiencies, improving project efficiency; Boost production and business activities and expand the market.

At the same time strengthen education, develop human resources, have reasonable salary policy; continue to promote the application of science and technology to production; pay attention to ensuring safety, environment and sustainable development; engage in particular in the resolute defense of national sovereignty and territorial integrity at sea; building an organizational culture; Communication to build brands, help society to understand, support, create consensus, impetus, inspiration to accomplish tasks.

In relation to the recommendations of the group and its member units, the Prime Minister has assigned specific tasks to the ministries and branches in the Notice No. 114/TB-VPCP of September 29, 2022. The Prime Minister continued to urge ministries and agencies, in particular the Ministry of Industry and Commerce, the State Capital Management Committee, to process petitions in accordance with the functions and tasks assigned to them; report to the competent authorities matters beyond their jurisdiction.

The prime minister called on the ministries and industries to identify and support PVN in the implementation of the target tasks in 2023, not only of the oil and gas group but of the whole country to ensure national energy security and develop the economy always on the side of PVN, sharing difficulties, needs and hardships, encouraging and encouraging the things that have been done, eliminating and handling the problems.