The Ministry of Industry and Trade is currently seeking opinions to submit to the Government to issue a roadmap for applying biofuel. As a leading petroleum business unit in the Vietnamese market, Vietnam Oil Corporation - JSC (PVOIL) has developed a plan, prepared to invest, upgraded the infrastructure system for the processing and trading of biofuel to prepare for the mass implementation of E10 gasoline from January 1, 2026; affirming PVOIL's commitment to implementing the Government's policies and roadmap, contributing to environmental protection and sustainable development.
Mr. Cao Hoai Duong - Chairman of the Board of Directors of PVOIL said that for a long time, PVOIL has invested in biofuel processing facilities in warehouses, including unit warehouses as well as transit warehouses. With the policy of the Party and State on the use of biofuel, it is expected to completely replace mineral gasoline with E10 gasoline. PVOIL's pilot implementation of E10 gasoline sales from August 1, 2025 aims to help customers gradually get used to the new type of fuel, avoiding "shocking" in the conversion process. At the same time, PVOIL also strengthens propaganda work to put the Government's policies into practice. PVOIL also orients investment not only to meet internal needs and existing customers but also to be ready to process and mix for other units, contributing to ensuring a stable supply of E10 gasoline for the market.
For the blending system, PVOIL is upgrading and renovating the current E5 RON92 gasoline blending stations at strategic warehouses across the country, meeting the business needs of E10 RON95 gasoline.
Owning a nationwide port warehouse system and a network of nearly 900 gas stations will help PVOIL quickly bring E10 gasoline to consumers. PVOIL also has the advantage of a wide distribution network, flexibility in production activities, stable E100 fuel source and a team of experienced employees in the field of biofuel production.
Promoting the advantages in the ecosystem of the Vietnam National Industry - Energy Group (Petrovietnam), PVOIL will strengthen chain linkages, continue to closely coordinate with the Group's member units, such as Dung Quat Oil Refinery (BSR) and Nghi Son Oil Refinery/PVNDB to ensure the output of gasoline and mineral products, while ensuring a stable supply of sitom and vitamin (E100), optimizing costs and ensuring output to meet market demand.
Regarding finance and human resources, PVOIL focuses on training and preparing highly qualified technical human resources. Projects to upgrade and prepare infrastructure for the processing and distribution of E10 gasoline will incur costs for PVOIL. According to the Government's roadmap, E10 biofuel will gradually replace mineral gasoline in the market.
With careful preparation in infrastructure, technology and resources, PVOIL affirms its pioneering position in the roadmap to switch to biofuel in Vietnam. The implementation of E10 gasoline not only brings economic value but also actively contributes to the country's sustainable development and environmental protection goals.
