Petrolimex to sell diesel under Euro standard 5

Business News

Petrolimex to sell diesel under Euro standard 5

Tuesday, November 28,2017

AsemconnectVietnam - Viet Nam National Petroleum Group (Petrolimex) will begin selling diesel under Euro 5 standard, the highest quality of the product in Viet Nam, from the beginning of 2018. Tran Ngoc Nam, Petrolimex’s deputy general director, said at a meeting with the Viet Nam Automobile Association (VAMA) held in Ha Noi last week that the group would sell the diesel at 1,750 out of its 2,500 petrol stations nationwide.

In addition, it would also encourage its agencies and franchised stations to sell diesel under the Euro 5 standard.

Currently, Petrolimex is preparing the necessary conditions to ensure the implementation.

Nguyen Dang Phuong, production and technology director of Hino Motors Viet Nam Plant, said that automobiles designed to use diesel under the Euro 2 standard, can also use diesel with higher standards, such as Euro 4 and 5.

However, the use of fuel of lower standards in automobiles using higher standard ones, could cause technical incidents due to a high sulfur content.

This could also cause serious effects such as destroying cylinder liners and engine pistons, Phuong added.

He said that diesel under Euro 4 standard has not been widely sold in the market, thus making it expensive, at VND430,000 (US$18) per litre. It might also need to be borrowed from the Viet Nam Registration for experiment production of automobile samples.

It is for this reason that auto producers hoped that Petrolimex would sell the diesel under Euro 4 and 5 standards as soon as possible.A representative from VAMA said they proposed to the government to terminate the selling of diesel under the Euro 2 standard, when applying diesel Euro 4 standard. The parallel sale of the two types of diesel could cause confusion for consumers.

According to a roadmap set in Decision No 49/2011/QD-TTg promulgated on September 1, 2011, on applying emission standard, tourism cars and buses using diesel are required to use Euro 4 from the beginning of this year and trucks are required to use diesel of Euro 4 standard from 2022.

Source: Bizhub.vn

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