Decree No. 149/2013/ND-CP stipulates the Charter of organization and operation of the Vietnam Oil and Gas Group, applicable to the Vietnam Oil and Gas Group. The main contents include rights, obligations, organizational structure, business operations, asset management, investment, and responsibility delegation among units within the Group.
Scope of application
Vietnam Oil and Gas Group
Key points
- The Vietnam Oil and Gas Group is organized into five main units: PetroVietnam Oil Corporation, PetroVietnam Gas Corporation, PetroVietnam Technical Services Corporation, PetroVietnam Installation Services Corporation, and PetroVietnam Industrial Services Corporation.
- The Vietnam Oil and Gas Group must carry out business activities in accordance with laws on oil and gas, including exploration, exploitation, processing, import and export, and provision of technical and technological services.
- The General Director of the Vietnam Oil and Gas Group is appointed by the Prime Minister and has the authority to decide important matters of the Group as prescribed in the Charter.
- The Board of Members of the Vietnam Oil and Gas Group consists of nine members, including the Chairman of the Board, the General Director, and seven other members appointed by the Prime Minister.
- The Vietnam Oil and Gas Group must fulfill its obligations regarding asset management and investment as prescribed by law.
🌐 Social impact of this document
- This Charter helps the Vietnam Oil and Gas Group operate more effectively and enhance its competitive capacity in the oil and gas industry.
- Strengthen state management over the Vietnam Oil and Gas Group through clear delineation of responsibilities between units and the Board of Members.
❓ Frequently asked questions
What units is the Vietnam Oil and Gas Group organized into?
The Vietnam Oil and Gas Group is organized into five main units: PetroVietnam Oil Corporation, PetroVietnam Gas Corporation, PetroVietnam Technical Services Corporation, PetroVietnam Installation Services Corporation, and PetroVietnam Industrial Services Corporation (Article 4).
Who appoints the General Director of the Vietnam Oil and Gas Group?
The General Director of the Vietnam Oil and Gas Group is appointed by the Prime Minister (Article 5).
How many members does the Board of Members of the Vietnam Oil and Gas Group consist of?
The Board of Members of the Vietnam Oil and Gas Group consists of nine members, including the Chairman of the Board, the General Director, and seven other members appointed by the Prime Minister (Article 6).
What business activities does the Vietnam Oil and Gas Group carry out?
The Vietnam Oil and Gas Group carries out business activities in accordance with laws on oil and gas, including exploration, exploitation, processing, import and export, and provision of technical and technological services (Article 7).
What obligations does the Vietnam Oil and Gas Group have in terms of asset management?
The Vietnam Oil and Gas Group must fulfill its obligations regarding asset management and investment as prescribed by law (Article 8).
Full text
DECREE
Regarding the Charter on Organization and Operation of the Vietnam Oil and Gas Group
____________________________
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to the Petroleum Law 2003 and the amended and supplemented Petroleum Law in 2000 and 2008;
Pursuant to the Enterprise Law dated November 29, 2005;
Pursuant to Decree No. 95/2012/NĐ-CP dated November 12, 2012, of the Government, detailing the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;
Pursuant to the Government Decree No. 99/2012/NĐ-CP dated November 15, 2012 on the delegation and decentralization of rights, responsibilities, and obligations of the State owner towards state-owned enterprises and state capital invested in enterprises;
At the proposal of the Minister of Industry and Trade;
The Government promulgates the Decree on the Charter on Organization and Operation of the Vietnam Oil and Gas Group,
Article 1. Attached hereto is the Charter on Organization and Operation of the Vietnam Oil and Gas Group.
Article 2. This Decree takes effect from December 20, 2013.
Repeals the Charter on Organization and Operation of the Vietnam Oil and Gas Group issued together with Decision No. 190/QĐ-TTg dated January 29, 2011 of
Article 3. Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairmen of provincial People's Committees under central cities, Chairman of the Board of Directors, General Director of the Vietnam Oil and Gas Group are responsible for implementing this Decree.
PRIME MINISTER
Original document (PDF)
Download
Relations map
Click a document to open. A red border = a relation that changes validity.
Translations
This document is available in the following languages: