Wireva

Petrovietnam pivots to LNG, wind and nuclear after Hormuz crude shock

Vietnam's state oil group Petrovietnam was left briefly without any Middle East crude when Iran closed the Strait of Hormuz, and is now shifting its power strategy towards gas, offshore wind and nuclear energy.

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Vietnam's state oil group Petrovietnam was left briefly without any Middle East crude when Iran closed the Strait of Hormuz, and is now shifting its power strategy towards gas, offshore wind and nuclear energy.