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PV Baron Point Terminal Systems is a public-private-partnership between designated shareholders for PetroVietnam Oil Corporation and Baron Point Petroleum Services Company L.L.C. of Abu Dhabi.

The purpose of the joint-venture is to finance, build and operate petroleum products pipelines and storage facilities and expand Vietnam’s supply channel and distribution for international growth and the betterment of the Vietnamese people, locally.

PV Baron Point Global Markets, a Vietnam-based trading company, was also formed to facilitate cross-border commerce.

About Baron Point Petroleum and its role in the Joint-Venture:

  • Several successful landmark projects managed and advised, including distinct competencies in South East Asia mega-projects
  • According to Morningstar, CEO investment record ranked in the Top 20% for a decade
  • Counterparty / registered status and O&G licensing at national oil companies and top trading houses
  • Baron Point Petroleum shall undertake the structuring, capital investment and channel development
  • Carry out the supply and distribute petroleum products
  • Taking bunkering supply for shipping or for any other shipping companies that call at Vietnam ports under our recommendation
  • Facilitating short and long-term space rentals, with particular focus on international strategic partners and Western and Middle Eastern clients

Petrovietnam Oil Corporation (PV OIL) is a Vietnam National Oil & Gas Company:

  • The only exporter of Vietnam crude oil and importer of foreign crude to Vietnam
  • Key importer and distributor in Vietnam
  • As of Year-end 2016 PV Oil has Gross Revenues US$1.726 billion; Net Profits US$24.9 million; Total Asset US$937 million; Cash at Year End US$273 million, and over 6,000 employees
  • Over 50 subsidiaries create a stable network of oil distribution throughout the country and region