Prime Minister Pham Minh Chinh inspects the site of a planned strategic petroleum reserve in Nghi Son. (Photo: VOV)

During the meeting, the Prime Minister welcomed the company’s efforts to secure sufficient crude oil supplies to maintain continuous operations at optimal capacity through the end of May.

Prime Minister Pham Minh Chinh speaks at the working session (Photo: VOV)

Amid tightening global supply conditions, he called on the refinery to ensure it can meet about 40% of Vietnam’s domestic fuel demand, with priority given to aviation fuel (Jet A-1).

He also noted that the Government is working to address logistical challenges in transporting crude oil to Vietnam via the Strait of Hormuz.

Prime Minister Pham Minh Chinh speaks at the working session (Photo: VOV)

Emphasizing national sovereignty and humanitarian considerations, the Prime Minister urged the company to secure fuel supplies by all possible means, including imports from Russia, to keep the refinery operating, navigate current market disruptions, and safeguard the country’s energy security.