BSR explores petroleum business opportunities in Cambodia

This initiative aligns with the strategy of the Vietnam National Industry - Energy Group (Petrovietnam) to expand international trade activities, directly engage in import - export and trading of crude oil, intermediates, petroleum, and petrochemical products both domestically and internationally.

During the trip, the BSR delegation held meetings with five major partners - Kampuchea Tela, TotalEnergies Marketing (Cambodia), Sokimex Investment Group, Bright Victory Mekong Petroleum Import Export (BVM), and Savimex - all of which are leading and reputable enterprises in Cambodia’s petroleum import and distribution sector.

The BSR delegation had a working session with Kampuchea Tela

The BSR delegation had a working session with TotalEnergies Marketing (Cambodia)

At the meetings, BSR and its partners exchanged views on import demand and direction, the possibility of BSR becoming a strategic supplier for the Cambodian market, and plans to trial the first shipment in 2025 toward long-term cooperation. Both sides discussed key aspects such as product quality standards, credit and payment terms, suitable import port options, and supplier registration procedures. These discussions enabled BSR to gain deeper insights into the Cambodian market, laying the groundwork for sustainable and effective collaboration in the future.

Mr. Nguyen Van Hoi, Member of the Board of Directors of BSR (in white shirt), presented a souvenir to Sokimex Investment Group

The BSR delegation had a working session with Bright Victory Mekong Petroleum Import Export (BVM)

Earlier, BSR successfully exported two DO (Diesel Oil) shipments to Laos with a total volume of 735 m³, establishing a stable customer base, diversifying its markets, and enhancing flexibility across Petrovietnam’s value chain. In addition to diesel, BSR has also exported products such as naphtha, FO, LPG, propylene, polypropylene, and sulfur.

The BSR delegation conducted a field visit to the product storage tanks of Savimex Company

Exploring the Cambodian market - a dynamic and high-potential energy market - marks an important step forward in BSR’s internationalization strategy for 2025. This effort demonstrates BSR’s determination to expand market presence, diversify products, and capitalize on its geographic, economic, and strategic advantages to build a regional supply chain and elevate its brand position within Southeast Asia’s petroleum industry.

BSR