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Vietnam Airlines requested to transfer Skypec to Petrovietnam

The Government has just requested the Commission for the Management of State Capital at Enterprises (CMSC) to carry out plans to transfer Vietnam Air Petrol Company (Skypec) from the Vietnam Airlines Corporation to the Vietnam Oil and Gas Group (Petrovietnam).
Vietnam Airlines requested to transfer Skypec to Petrovietnam ảnh 1A worker oversees fuel transfer from a Skypec truck to a Vietnam Airlines aircraft. (Photo: skypec.com.vn)
Hanoi (VNS/VNA) - The Government has just requested theCommission for the Management of State Capital at Enterprises (CMSC) to carryout plans to transfer Vietnam Air Petrol Company (Skypec) from the VietnamAirlines Corporation to the Vietnam Oil and Gas Group (Petrovietnam).

The purpose is to support the restructuring of Vietnam Airlinesand strengthen Petrovietnam’s capacity in the supply chain and petroleumproduction.

CMSC is also asked to report any issues that are beyond itsauthority and propose solutions to Deputy Prime Minister Le Minh Khai beforeJuly 15.

At the beginning of this year, Vietnam Airlines has consultedfirms to implement Skypec's plan of transferring capital to resolve thefinancial issues.

Skypec has a charter capital of 800 billion VND (34 million USD),with Vietnam Airlines’ ownership rate of 100%.

Petrolimex Aviation and Skypec are currently the two mainsuppliers of aviation fuel in the domestic market.

With an area of 220,000 square metres, Skypec owns watershedwarehouses at seaports and airports at 18 civil airports nationwide. It is capableof serving over 214,000 flights with a total annual output of over two milliontonnes per year./.
VNA
#Commission for the Management of State Capital at Enterprises#Vietnamplus#Vietnam News Agency#Vietnam Air Petrol Company#Vietnam Airlines Corporation#Vietnam Oil and Gas Group
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