The Viet Nam National Petroleum Corporation (Petrolimex) officially started selling diesel oil with Euro 5 standard and Euro 4-standard RON95 petrol nationwide from 1 January, 2018.

Petrolimex officially started selling diesel oil with Euro 5 standard and Euro 4-standard RON95 petrol from 1 January, 2018. (Source: VNA)

These products are distributed by the company’s network together with other non-lead petrol products, such as Euro 3 RON95 petrol and Euro 2 diesel.

In the initial period, diesel oil with Euro 5 standard is available in 70% of Petrolimex gas stations.

RON95 petrol with Euro 3 and Euro 4 standards are sold at 19,280 VND (0.85 USD) and 19,480 VND (0.86 USD) per litre, respectively.

The price of E5 bio-fuel is 18,240 VND (0.8 USD) per litre, while those of diesel with Euro 5 and Euro 2 standards are 15,210 VND (0.67 USD) and 15,160 VND (nearly 0.67 USD) per litre, respectively.  The kerosene price is 13,610 VND (0.6 USD) per litre.

According to Petrolimex Deputy Director General Nguyen Quang Dung, selling the 2 new products helps enhance the company’s competitiveness while contributing to reducing gas emissions and protecting the environment.

On 15 December, Petrolimex and PetroVietnam Oil Corporation (PVOil) on officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol.

According to a statement released by the Government, the ban of RON 92 grade is in line with the Government’s effort to boost consumption of environmentally friendly E5.

The shift aims to help ensure energy security, reduce dependence on fossil fuels and implement commitments made by the Vietnamese Government to reduce greenhouse gas emissions.

Viet Nam requires Euro 4 standard for diesel-fueled vehicles from 2018.

(Source: VNA)