Hanoi (VNA) – The Vietnam National Petroleum Corporation(Petrolimex) officially started selling diesel oil with Euro 5 standard and Euro4-standard RON95 petrol nationwide from January 1, 2018.
These products are distributed by the company’s networktogether with other non-lead petrol products, such as Euro 3 RON95 petrol andEuro 2 diesel.
In the initial period, diesel oil with Euro 5 standard isavailable in 70 percent of Petrolimex gas stations.
RON95 petrol with Euro 3 and Euro 4 standards are sold at19,280 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 (0.67USD) and 15,160 VND (nearly 0.67 USD) per litre, respectively. The keroseneprice is 13,610 VND (0.6 USD) per litre.
According to Petrolimex Deputy Director General Nguyen QuangDung, selling the two new products helps enhance the company’s competitivenesswhile contributing to reducing gas emissions and protecting the environment.
OnDecember 15, Petrolimex and PetroVietnam Oil Corporation (PVOil) on officiallysupplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol.
According to astatement released by the Government, the ban of RON 92 grade is in line withthe Government’s effort to boost consumption of environmentally friendly E5.
The shift aims tohelp ensure energy security, reduce dependence on fossil fuels and implementcommitments made by the Vietnamese Government to reduce greenhouse gasemissions.
Vietnam requires Euro 4 standard for diesel-fueled vehicles from 2018.-VNA