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JXTG Nippon Oil and Energy Corporation (JXTG) announces today that it has signed a memorandum of understanding with Vietnam National Petroleum Group (PETROLIMEX) to carry out a feasibility study on the cooperative project utilizing its Marifu Refinery in Japan. JXTG and PETROLIMEX, as strategic partners, have been conducting a joint study on multiple collaborative projects. This joint project will secure supply sources and outlets for petroleum products in the future international petroleum market, and thus it will be a significant step for both companies. They will aim to complete the joint study by April of 2019.