EE Impact

Petrovietnam: Russia Operations Status & Business Impact

Vietnam · Energy, Oil & Gas

LeaveRussia detail: Continue Operations

Still operating in Russia

Petrovietnam, formally the Vietnam National Industry - Energy Group and formerly the Vietnam Oil and Gas Group, is the state-owned national oil, gas and energy industry corporation of Vietnam.

Status last verified 03/08/2026Source checked 15/05/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 12/05/2025 · Reference ↗

State-owned Petrovietnam is entering into a production sharing agreement (PSA) with Kharyaga in Russia, which was previously exited by French giant TotalEnergies and Norwegian Equinor as part of a larger exodus of Western companies following Russia's war in Ukraine.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Geopolitical context and sanctions impact

Petrovietnam is a Energy, Oil & Gas company based in Vietnam. Current Russia status in our dataset is operating: continued operations in Russia remain a compliance, reputational and counterparties risk for EU and allied firms. Eastern Europe Impact translates those facts into business consequences — sanctions screening, supply-chain exposure and reconstruction-side opportunity — with transparent confidence labels rather than speculation.

Risk assessment and how to use this profile

Start with the status badge and decision trail, then check possible sanctions matches and recent events mentioning Petrovietnam. A 7-day Pro trial adds watchlists so you are notified if Russia status, designations or linked events change. Full exposure maps (energy, transport, commodities) are on Professional. This page is risk information, not legal or investment advice.

Questions about Petrovietnam

What kind of data does Eastern Europe Impact provide on Petrovietnam?

Eastern Europe Impact publishes verified intelligence on Petrovietnam's Russia status: current operating posture, sources (including the KSE LeaveRussia project), status history since 2022, sanctions-list matches, and linked events. Each profile is risk information for compliance and due diligence — not legal advice.

How can Eastern Europe Impact data on Petrovietnam help my business?

Use the Petrovietnam profile to check counterparties, suppliers and customers for Russia exposure, sanctions proximity and recent events before you contract, ship or invest. Watchlists alert you if the status or designations change.

How do we verify the information on Petrovietnam?

We compile public reporting, company statements and the KSE LeaveRussia dataset, then label uncertainty. Status is not a legal determination — verify against primary filings and counsel before acting. Corrections go to corrections@easterneuropeimpact.com.

How much does Eastern Europe Impact cost?

The company checker is free. A 7-day Pro trial (no credit card) unlocks live Daily Impact Briefs, full event profiles and watchlists. After the trial, Individual is €19/month; Professional and Business add exposure maps, sanctions entity pages and API access. See /pricing.
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.
Petrovietnam: Russia Operations Status, Sanctions & Business Impact (2026) | Eastern Europe Impact